5904 Cranbrook Way #J206
About This Property
Lanai with electric storm shutters offers golf course view with plenty of green space. Large laundry room in the unit. Detached garage for your clubs, bikes grill and of course your car. Steps to all the amenities of Cranbrook-heated pool, spa, bocce, community room and tennis court with pickleball lines. Immediate golf membership with purchase.The golf club offers plenty of year-round events for meeting with friends- scrambles, golf leagues, holiday parties, bingo, trivia and live enterainment on Friday evenings. Full sevice restaurant, new pro shop and fitness center with adjoing yoga room. Short ride to the Botanical Garden, Naples downtown shopping, restaurants, Naples Zoo and the Naples beach.
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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 11, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by Coldwell Banker Realty | $269,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2026
|
2 Bed
|
2 Bath
|
1320 ft²
|
$239,900
2 Bed
2 Bath
1320 ft²
|
-
-
|
Stacy Witthoff
John R Wood Properties
| |
|
09/15/2025
|
3 Bed
|
2 Bath
|
1318 ft²
|
$240,000
3 Bed
2 Bath
1318 ft²
|
$235,000
-2.08%
10/15/2025
|
Stephanie Rubino
Amerivest Realty
| |
|
02/10/2025
|
2 Bed
|
2 Bath
|
1320 ft²
|
$269,900
2 Bed
2 Bath
1320 ft²
|
$262,000
-2.93%
04/11/2025
|
Charlene Vandenberg
Coldwell Banker Realty
| |
|
01/06/2020
|
3 Bed
|
2 Bath
|
1318 ft²
|
$187,900
3 Bed
2 Bath
1318 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017