4955 Pepper Circle #B207
About This Property
This bright and airy two-bedroom, two-bath residence features a refreshed coastal feel with an updated kitchen offering light cabinetry, coordinating countertops, and stainless-steel appliances. Plantation shutters, updated LED lighting, ceiling fans, luxury vinyl plank flooring in the main living areas, and Berber carpeting in the bedrooms enhance comfort and style throughout.
Major upgrades provide peace of mind and long-term value, including a new HVAC system and electrical panel with dual surge protectors installed in 2024, a hot water heater replaced in 2021, and Miami-rated hurricane windows and sound-dampening sliding glass doors to the lanai and primary bedroom rated up to 160 MPH winds, with storm windows throughout. A Maytag washer and dryer were installed in 2023.
Enjoy a screened lanai overlooking the sparkling pool and lush tropical landscaping, along with a private downstairs storage unit, deeded assigned parking, and ample guest parking. Ideally located just minutes to downtown Naples, dining, shopping, and world-famous sugar-sand beaches. Zoned for Lely Elementary, Manatee Middle, and Lely High School.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 2, 2026 | No longer available | - | |
| No longer available | |||
| Feb 19, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 7, 2025 | Listed by Jalexian Enterprises LLC | $249,900 | |
| Listed by Jalexian Enterprises LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/07/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$249,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
Sandra Cantu
JALEXIAN ENTERPRISES LLC
| |
|
11/03/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$269,000
2 Bed
2 Bath
1118 ft²
|
$235,000
-12.64%
02/13/2026
|
Suzan Anderson
Premiere Plus Realty Company
| |
|
08/26/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$199,000
2 Bed
2 Bath
1118 ft²
|
$190,000
-4.52%
11/17/2025
|
Reece Olguin
William Raveis Real Estate
| |
|
08/18/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$249,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Maurice Cossairt
NextHome Edgewater
| |
|
10/16/2024
|
2 Bed
|
2 Bath
|
1118 ft²
|
$279,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Maurice Cossairt
NextHome Edgewater
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
1118 ft²
|
$175,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
03/22/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$152,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
11/12/2018
|
2 Bed
|
2 Bath
|
1118 ft²
|
$154,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017