4490 Crimson Avenue
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by William Raveis Real Estate | $1,075,000 | |
| Listed by William Raveis Real Estate | |||
| Sep 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | Listed by DomainRealty.com LLC | $1,100,000 | |
| Listed by DomainRealty.com LLC | |||
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With a huge price improvement, this seller is highly motivated to secure a sale in the next 30 days, making this an exceptional opportunity. This is the lowest priced home per square foot for a Newcastle model nestled within the esteemed Stonecreek community of North Naples. This residence epitomizes luxury living at its finest. Boasting a spacious and versatile layout, this home offers the perfect fusion of comfort and functionality, catering to the diverse needs of modern homeowners. Step inside to discover an inviting open-concept design that seamlessly blends elegance with practicality. The upgraded kitchen is a chef's delight, featuring quartz countertops, a stylish tile backsplash, and top-of-the-line appliances. The expansive living areas provide an ideal setting for both relaxation and entertainment, while the luxurious master suite on the first floor offers a serene retreat with walk-in closets and a beautifully appointed bathroom complete with extra storage options. Upstairs, the loft and three additional bedrooms provide ample space for family and guests, ensuring everyone has their own private sanctuary. The home is adorned with numerous upgrades, including a built-in entertainment center, coffee bar, wine cooler, and custom closet organizers, adding both convenience and luxury to everyday living. Outside, the extended lanai beckons for alfresco gatherings and leisurely afternoons, while Stonecreek's impressive amenities take the living experience to new heights. From the expansive clubhouse and state-of-the-art fitness center to the resort-style pools and tennis courts, residents enjoy a lifestyle of unparalleled luxury and recreation.
Ideally situated near public golf courses and stunning beaches, Stonecreek offers a wealth of outdoor recreational opportunities. Whether you're teeing off at Arrowhead Golf Course or basking in the sun at Vanderbilt Beach, there's something for everyone to enjoy in this vibrant community.
When it comes to shopping and dining, residents are spoiled for choice with upscale boutiques, gourmet grocery stores, and entertainment venues just minutes away. Indulge in fresh seafood at USS Nemo Restaurant, savor Italian classics at Osteria Tulia, or explore the culinary delights of downtown Naples.
With its convenient location, impressive amenities, and luxurious living spaces, Stonecreek offers the perfect blend of comfort and sophistication. Don't miss out on this exceptional opportunity to make this amenity-rich community your new home – schedule your showing today!
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017