$219,000
●
Condo -
Off Market
4957 Pepper Circle #C203
NAPLES, FL 34113
2 Beds
2 Baths
1,118 Ft²
$3,086
Est. Monthly
$1,977
HOA / Fees
12.55%
Cap Rate
About This Property
Discover the comfort of this expansive 2-bed, 2-bath condo nestled
in the serene Pepperwood community. This move-in ready unit boasts
ample living space, including a spacious living/dining area, a
well-equipped kitchen with a pantry and breakfast bar, and an
in-unit laundry room with full-size appliances. The master bedroom
features a walk-in closet and access to a screened-in balcony
overlooking the community pool and lush surroundings. With impact
glass windows, assigned covered parking, and additional storage,
convenience is key. Take advantage of the low HOA fees and
pet-friendly policy, this is a great investment opportunity. Just 5
miles from Naples beaches and downtown 5th Ave, this property is a
rare find. Schedule your viewing today!
Unit Size
1,118 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Condo
Property Taxes
$33
HOA Dues
$1,977
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (SWFLMLS #224029335)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Mar 29, 2024 | Listed by Royal Shell Real Estate, Inc. | $219,000 | |
| Listed by Royal Shell Real Estate, Inc. | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Built In Features, Dual Sinks, Living Dining Room, Shower Only, Separate Shower, Cable Tv, Split Bedrooms
Appliances: Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Wood
Living Area Square Feet Source: Appraiser
Exterior Details
Property Condition: Resale
Year Built: 1988
Waterfront Features: None
Home Type: Residential
Architectural Style: None, Low Rise
Roof: BuiltUp, Flat
Window Features: Impact Glass
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Balcony, Screened
Pool Features: Community
ZeroLotLine
Financial Details
Tax Year: 2023
Tax Annual Amount: $394
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, Underground Utilities
Location Details
Association Fee Includes: Insurance, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, Sewer, Trash, Water
Association Amenities: Pool, Storage
Association Fee2: $1,977
Association Fee2 Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/29/2024
|
2 Bed
|
2 Bath
|
1118 ft²
|
$229,900
2 Bed
2 Bath
1118 ft²
|
$220,200
-4.22%
10/16/2024
|
Mindy Sylvester
MVP Realty Associates LLC
| |
|
03/29/2024
|
2 Bed
|
2 Bath
|
1118 ft²
|
$219,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Frank Procopio
Royal Shell Real Estate, Inc.
| |
|
12/08/2020
|
2 Bed
|
2 Bath
|
1118 ft²
|
$159,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
07/16/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$155,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
05/03/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$162,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
|
Building Info
About East Naples
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Listed by: Mike Sutkus Sutkus, PA, Royal Shell Real Estate, Inc.
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224029335
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224029335
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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