406 Courtside Drive #D201
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Premiere Plus Realty Company | $446,000 | |
| Listed by Premiere Plus Realty Company | |||
| Jan 20, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | Listed by Premiere Plus Realty, Co. | $410,000 | |
| Listed by Premiere Plus Realty, Co. | |||
| | |||
|
Welcome to 406 Courtside Drive. This bright, sunny 2 bedroom, 2 bath end unit is ready for the 2023 season. New AC unit installed November 2022. Freshly painted interior and exterior. New roofs coming soon. Courtside Commons is a great location to all the amenities that Wyndemere has to offer. Enjoy new state of the art fitness center, 2 restaurants, 27 hole Arthur Hills designed golf course, resort style pool, 10 Har-Tru tennis courts, pickle ball, bocce, and croquet. Wyndemere is a welcoming place to call home! The manager has listed the unit size as 1225 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2025
|
2 Bed
|
2 Bath
|
1225 ft²
|
$446,000
2 Bed
2 Bath
1225 ft²
|
$422,500
-5.27%
05/01/2025
|
Maureen Hennessey
Premiere Plus Realty Company
| |
|
11/02/2022
|
2 Bed
|
2 Bath
|
1225 ft²
|
$410,000
2 Bed
2 Bath
1225 ft²
|
-
-
|
Maureen Hennessey
Premiere Plus Realty Company
|
Building Info
About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017