$190,000
●
Condo -
Off Market
4987 Pepper Circle #I205
Naples, FL 34113
2 Beds
2 Baths
1,235 Ft²
$3,132
Est. Monthly
$2,000
HOA / Fees
6.00%
Cap Rate
About This Property
This turnkey furnished condo is nice and bright with volume
ceilings in the living/dining areas. It features two bedrooms, two
bathrooms, an easy living floor plan with split bedrooms, a
breakfast nook, a good size laundry room, a peaceful lanai
overlooking the pool, a storage closet perfect for beach chairs and
more, and an assigned covered carport. New hot water tank and
garbage disposal. Regency Woods is in an ideal location close to
grocery stores, restaurants, banks and shops and only five miles
from Naples famous sugar sand beaches and bustling downtown.
Unit Size
1,235 Ft²
Days on Market
170 days
Land Size
-
Price per sqft
$161
Property Type
Condo
Property Taxes
$154
HOA Dues
$2,000
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 #224080123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Price Decreased |
$199,000
↓ $20K
(9.1%) | |
| Price Decreased | |||
| Jan 28, 2025 | Price Decreased |
$219,000
↓ $8K
(3.5%) | |
| Price Decreased | |||
| Nov 25, 2024 | Relisted | $227,000 | |
| Relisted | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Covered, One Space, Detached Carport
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: Two
Interior Features: Breakfast Bar, Built In Features, Dual Sinks, Eat In Kitchen, Family Dining Room, High Ceilings, Living Dining Room, Shower Only, Separate Shower, Cable Tv, Bar, Walk In Closets, Window Treatments, Split Bedrooms
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 1990
Waterfront Features: None
Home Type: Residential
Architectural Style: Two Story, Low Rise
Roof: Metal
Window Features: Single Hung, Sliding, Window Coverings
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
ZeroLotLine
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,851
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, Insurance, IrrigationWater, LegalAccounting, MaintenanceGrounds, RecreationFacilities, ReserveFund, Sewer, Trash, Water
Association Amenities: Pool, Storage
Association Fee: $2,000
Association Fee 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 |
|---|---|---|---|---|---|---|---|
|
07/07/2025
|
2 Bed
|
2 Bath
|
1152 ft²
|
$285,595
2 Bed
2 Bath
1152 ft²
|
-
-
|
Fidel Porrua
REMAX Affinity Mercato
| |
|
10/21/2024
|
2 Bed
|
2 Bath
|
1235 ft²
|
$227,000
2 Bed
2 Bath
1235 ft²
|
$190,000
-16.30%
04/09/2025
|
Corey Stranger
Waterfront Realty Group Inc
| |
|
12/16/2023
|
2 Bed
|
2 Bath
|
1235 ft²
|
$365,000
2 Bed
2 Bath
1235 ft²
|
-
-
|
Jerry Webster
Downing Frye Realty Inc.
| |
|
12/29/2022
|
2 Bed
|
2 Bath
|
1151 ft²
|
$289,900
2 Bed
2 Bath
1151 ft²
|
-
-
|
Jean Adams
Coldwell Banker Realty
| |
|
02/13/2019
|
2 Bed
|
2 Bath
|
1235 ft²
|
$159,850
2 Bed
2 Bath
1235 ft²
|
$154,000
-3.66%
04/29/2019
|
Alex Gomez
Downing Frye Realty Inc.
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1235 ft²
|
-
2 Bed
2 Bath
1235 ft²
|
-
-
|
-
|
|
02/22/2013
|
2 Bed
|
2 Bath
|
1235 ft²
|
$89,900
2 Bed
2 Bath
1235 ft²
|
$83,000
-7.68%
06/21/2013
|
B Jean Adams
Coldwell Banker Realty
| |
|
02/08/2011
|
3 Bed
|
2 Bath
|
1409 ft²
|
$48,000
3 Bed
2 Bath
1409 ft²
|
$50,250
+4.69%
03/23/2011
|
Scott Langevin
Berkshire Hathaway FL Realty
|
Building Info
About East Naples
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Listed by: Sheri Murtack, Waterfront Realty Group Inc
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224080123
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224080123
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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