5903 Three Iron Drive #2002
About This Property
The Clubside community provides access to a range of amenities including a community room and pool, just steps away from the Clubhouse offering fine and casual dining, a fitness center, spa, poolside cafe, pickleball courts, tennis, and picnic areas.
Situated in close proximity to the finest restaurants, grocery stores, shopping outlets, entertainment venues, and the pristine white sandy beaches, residents can relish in the breathtaking sunsets along the Gulf of Mexico. Experience the Naples lifestyle living at Pelican Strand.
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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%.
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by Re/Max Affinity Plus | $590,000 | |
| Listed by Re/Max Affinity Plus | |||
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
| Nov 25, 2019 | Listed | $299,000 | |
| Listed | |||
| | |||
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Beautifully Renovated Unit! Offering Outstanding Views of Both Lake and Golf Course. Light and Bright, new plank tile flooring, all appliances replaced in 2018 as well as Hot water heater (2018) and HVAC (2017). Upgrades include plantation shutters, crown molding and electric storm shutters on lanai. Spacious great room design, split bedroom floor plan, including a guest room off of main living area that is perfect for a home office/den, a screened lanai, breakfast bar & nook, and a two car garage. Clubside is a small neighborhood within The Strand offering stocked lakes, community room & pool, plus it is just steps away from the Clubhouse with fine dining & casual dining, fitness center & spa, pickleball courts, Har-Tru tennis courts, play & picnic areas, poolside cafe, pool w/ lap lanes, and a full social calendar offering events such as dinner dances, wine tastings, themed parties, casino night, comedian, dueling pianos, farmers market, holiday events and much more! Fantastic Naples location, just a short drive to some of the best shopping SWFL has to offer with Mercato & Waterside Shops, and only minutes from the gorgeous beaches along the Gulf of Mexico. The manager has listed the unit size as 1633 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2024
|
3 Bed
|
2 Bath
|
1633 ft²
|
$590,000
3 Bed
2 Bath
1633 ft²
|
$575,000
-2.54%
08/01/2024
|
Ileana Bogaert
Serhant
| |
|
08/21/2020
|
3 Bed
|
2 Bath
|
1633 ft²
|
$309,000
3 Bed
2 Bath
1633 ft²
|
-
-
|
-
| |
|
11/25/2019
|
3 Bed
|
2 Bath
|
1633 ft²
|
$299,000
3 Bed
2 Bath
1633 ft²
|
-
-
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-
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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