$220,200
●
Condo -
Off Market
4957 Pepper Circle #C205
Naples, FL 34113
2 Beds
2 Baths
1,118 Ft²
$1,897
Est. Monthly
$659
HOA / Fees
10.53%
Cap Rate
About This Property
Welcome to this meticulously maintained condo nestled in the
desirable Pepperwood community of Naples. This inviting residence
boasts an open and airy feel with soaring vaulted ceilings and lots
of natural light. This home features 2 large bedrooms, an open,
spacious floor plan and a peaceful view. Updates include newer
dishwasher, new stove in 2024, AC in 2017 and hurricane impact
windows. The master bedroom is HUGE and offers an enormous walk in
closet! The Pepperwood community offers a serene and friendly
environment with a community pool, making it an ideal place to call
home. Enjoy easy access to nearby shopping, dining, and a short
drive to the white sand Naples beaches! Don't miss out on
this opportunity to own this lovely condo!
Unit Size
1,118 Ft²
Days on Market
48 days
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
$108
HOA Dues
$659
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: 2 years ago (SWFLMLS #224070188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Realty One Group MVP | $229,900 | |
| Listed by Realty One Group MVP | |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
| Jul 16, 2019 | Listed | $155,000 | |
| Listed | |||
| | |||
|
BACK ON MARKET DUE TO FINANCING CONTINGENCY!! If you,re looking for a great opportunity to own a clean well maintained condo with new Master bath, new a/c, vaulted ceiling, open floor plan, hurricane rated impact glass windows and sliders, than you will want to see this 2/2 second floor condo. Wait there’s more, the Association is in good financial shape with healthy reserves and no pending assessments, minutes from the beaches, downtown 5th Ave plus the furniture is included in the sale price. The manager has listed the unit size as 1118 square feet.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded, Guest, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Dual Sinks, Eat In Kitchen, Living Dining Room, Shower Only, Separate Shower, Cable Tv, Vaulted Ceilings, Walk In Closets, Split Bedrooms
Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 1988
Waterfront Features: None
Home Type: Residential
Architectural Style: Traditional, Low Rise
Roof: Metal
Window Features: Impact Glass
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
RectangularLot
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,302
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available
Location Details
Association Fee Includes: Insurance, MaintenanceGrounds, PestControl, RecreationFacilities, Water
Association Amenities: Pool
Association Fee3: $1,977
Association Fee3 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: Mindy Sylvester, Realty One Group MVP
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224070188
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224070188
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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