549 CHEETAH Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 15, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by Waterfront Realty Group Inc | $105,000 | |
| Listed by Waterfront Realty Group Inc | |||
| | |||
|
Thank you for viewing 549 Cheetah Drive in the Imperial Wilderness Condominium Association. IWCA is a gated 55+ community in tropical Naples, FL. YOU OWN THE LAND! Plus, IWCA is brilliantly located— approximately 3 miles from shopping and restaurants, 11 miles from the Naples beaches, and 8 miles from Marco Island beaches. Airport access is also easily attainable— a 45-minute drive to Ft. Myers. Very importantly, this community was never flooded or affected by recent hurricanes. This real estate opportunity, for land only, includes a large corner lot (.08), driveway pad, RV pad, and shed with a washer and dryer. The outstanding lot offers scenic palm trees, grassy space, and close proximity to the second pool. The rear exposure faces east and is fully equipped for water, sewer, and electricity. Please note: if a buyer is interested in owning a larger area, the owner of this lot also owns the adjacent lot for sale (548 Cheetah Dr.-- listed separately). The HOA fee for IWCA is quite reasonable ($840. per quarter) and covers many of your needs: water, lawn care, basic cable, trash/recycling, and community amenities. Community amenities include the following: 2 pools with spas, bocce, pickleball, pétanque, tennis, shuffleboard, billiards, ping pong, a library, clubhouse, dog parks, and an extremely active events calendar.
| |||
| Apr 25, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017