5697 Heron Lane #607
About This Property
The interior boasts modern amenities and elegant granite countertops that enhance both style and functionality in the kitchen. Additional features include new Storm Smart shutter screens, a new roof and new gutters, ensuring peace of mind and convenience. The home also showcases newer carpet and fresh paint throughout, creating a bright and inviting atmosphere. A new washer and dryer add to the practicality of the living space, while new plantation shutters on the windows provide elegance and privacy!
Residents of this exceptional community have access to a 27-hole championship golf course comprised of three unique 9-hole layouts: Savannah, Sabal, and Preserve, each offering its own set of challenges and fun! The Club at the Strand is also home to three dining venues, each offering a variety of culinary experiences. For those who enjoy staying active, the community features a Junior Olympic-sized swimming pool, pickleball courts and a Tennis Center equipped with 8 Hydro Guard Har-Tru courts and staffed by professional tennis instructors, providing lessons and clinics for players of all skill levels. Fitness enthusiasts will appreciate the recently renovated fitness complex, which is equipped with modern workout equipment and offers a range of fitness classes to cater to diverse interests. Rounding out the array of amenities, residents can indulge in relaxing spa treatments at the on-site spa, bocce ball and croquet.
This community is known for its vibrant social atmosphere, providing numerous opportunities for residents to connect, engage and build lasting friendships in a welcoming environment. Regular events and activities, including seasonal parties, book clubs, and art classes, foster a strong sense of community and belonging. With numerous upgrades and resort style amenities, The Strand is an ideal place to call home!
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Coldwell Banker Realty | $499,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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This is Naples Golf Community living at its best! This impressive, fully furnished property in The Strand encompasses over 1,500 square feet of well-designed living space, featuring a spacious lanai that offers breathtaking views overlooking the beautifully manicured golf course, serene lake, and lush preserve. The home is situated with western exposure, allowing for stunning sunsets to be enjoyed from the comfort of your own outdoor space. It includes 2 bedrooms plus a den, which can be used as a home office or guest room, and 2 well-appointed bathrooms.
The interior boasts modern amenities and elegant granite countertops that enhance both style and functionality in the kitchen. Additional features include new Storm Smart shutter screens, a new roof and new gutters, ensuring peace of mind and convenience. The home also showcases newer carpet and fresh paint throughout, creating a bright and inviting atmosphere. A new washer and dryer add to the practicality of the living space, while new plantation shutters on the windows provide elegance and privacy!
Residents of this exceptional community have access to a 27-hole championship golf course comprised of three unique 9-hole layouts: Savannah, Sabal, and Preserve, each offering its own set of challenges and fun! The Club at the Strand is also home to three dining venues, each offering a variety of culinary experiences. For those who enjoy staying active, the community features a Junior Olympic-sized swimming pool, pickleball courts and a Tennis Center equipped with 8 Hydro Guard Har-Tru courts and staffed by professional tennis instructors, providing lessons and clinics for players of all skill levels. Fitness enthusiasts will appreciate the recently renovated fitness complex, which is equipped with modern workout equipment and offers a range of fitness classes to cater to diverse interests. Rounding out the array of amenities, residents can indulge in relaxing spa treatments at the on-site spa, bocce ball and croquet.
This community is known for its vibrant social atmosphere, providing numerous opportunities for residents to connect, engage and build lasting friendships in a welcoming environment. Regular events and activities, including seasonal parties, book clubs, and art classes, foster a strong sense of community and belonging. With numerous upgrades and resort style amenities, The Strand is an ideal place to call home!
| |||
| Nov 16, 2015 | Sold | ||
| Sold | |||
| Sep 13, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/12/2026
|
2 Bed
|
2 Bath
|
1490 ft²
|
$433,900
2 Bed
2 Bath
1490 ft²
|
$380,000
-12.42%
07/28/2026
|
Jennifer Ross Levin PA
Fosters Realty
| |
|
11/21/2024
|
2 Bed
|
2 Bath
|
1490 ft²
|
$500,000
2 Bed
2 Bath
1490 ft²
|
$458,000
-8.40%
01/02/2025
|
Kristin Marascio
John R Wood Properties
| |
|
11/20/2024
|
2 Bed
|
2 Bath
|
1540 ft²
|
$515,000
2 Bed
2 Bath
1540 ft²
|
$447,500
-13.11%
02/13/2025
|
Wendy Garber
Coldwell Banker Realty
| |
|
12/12/2018
|
2 Bed
|
2 Bath
|
1490 ft²
|
$265,495
2 Bed
2 Bath
1490 ft²
|
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Building Info
About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017