4967 Pepper Circle #206
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%.
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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 |
|---|---|---|---|
| Jul 22, 2025 | Listed | $2,100 | |
| Listed | |||
| | |||
|
Effortless Coastal Living in Naples
Discover this beautifully renovated 2-bedroom, 2-bath end-unit condo in the sought-after Pepperwood community. Light-filled and low-maintenance, this home features updated flooring, modern baths, new A/C, premium appliances, and a whole-unit surge protector. A newer 50+ year metal roof and impact windows offer lasting peace of mind.
Enjoy tranquil views of the pool and landscaped grounds from your private lanai. With dedicated parking, cedar-lined storage, and a quiet location near the back of the community, this home is perfect for easy living.
Minutes from Fifth Avenue, Naples beaches, Bayshore, Marco Island, and across from the Rich King Memorial Greenway bike trail—this is refined, worry-free living in the heart of Naples.
| |||
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$268,000
↓ $31K
(10.4%) | |
| Price Decreased | |||
| Apr 25, 2025 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/08/2025
|
2 Bed
|
2 Bath
|
1118 ft²
|
$305,000
2 Bed
2 Bath
1118 ft²
|
$245,000
-19.67%
07/10/2025
|
Zach Dreier
Premier Sotheby's Int'l Realty
| |
|
12/14/2023
|
2 Bed
|
2 Bath
|
1118 ft²
|
$279,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
Patty Dovichi, PA
MVP Realty Associates LLC
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
1118 ft²
|
$180,000
2 Bed
2 Bath
1118 ft²
|
-
-
|
Kathleen P Wegwert
Keller Williams Elite Realty
| |
|
08/12/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$144,900
2 Bed
2 Bath
1118 ft²
|
-
-
|
-
| |
|
03/11/2019
|
2 Bed
|
2 Bath
|
-
|
$152,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/15/2013
|
2 Bed
|
2 Bath
|
1118 ft²
|
$89,900
2 Bed
2 Bath
1118 ft²
|
$84,000
-6.56%
08/15/2013
|
B Jean Adams
Coldwell Banker Realty
| |
|
04/30/2013
|
2 Bed
|
2 Bath
|
1118 ft²
|
$102,900
2 Bed
2 Bath
1118 ft²
|
$97,000
-5.73%
05/31/2013
|
B Jean Adams
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017