420 PALM Circle E
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Sep 16, 2022 | No longer available | - | |
| No longer available | |||
| Jun 14, 2022 | Listed by Compass Florida LLC | $8,995,000 | |
| Listed by Compass Florida LLC | |||
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Incredibly special opportunity to acquire a property in Old Naples unlike any other. Positioned on nearly half an acre with north alley access, landscaped city owned property to the west and only a few short blocks to the beach, this parcel only shares one lot line with another home to the east. Most recently renovated in late 2019, this 3/3.5 single story home has received extensive remodeling and additions over the years. Privacy and spaciousness abound at 420 Palm Circle. Enjoy luxurious comfort with a great floor plan and an even better piece of land. Flood Zone "X". *Professional photos coming soon* The manager has listed the unit size as 2930 square feet.
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| Oct 18, 2019 | Sold | ||
| Sold | |||
| Jul 15, 2010 | Sold | ||
| Sold | |||
| Jan 6, 2010 | Listed by Downing Frye Realty Inc. | $1,385,000 | |
| Listed by Downing Frye Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017