50
Map
5936 Cranbrook Way #B102
About This Property
Step inside to discover a light-filled floor plan featuring an inviting eat-in kitchen, spacious living and dining areas, and a generously sized laundry room. Thoughtfully furnished with a sophisticated blend of modern elegance and eclectic charm, every room has been curated to create a warm, welcoming atmosphere. The screened lanai provides the perfect setting to enjoy morning coffee or evening cocktails while taking in tranquil golf course views. Additional upgrades include a new A/C system installed in 2021, providing comfort and peace of mind. As a resident of Royal Wood, you'll enjoy deeded golf membership along with an outstanding collection of amenities including championship golf, tennis, pickleball, a resort-style pool and spa, fitness facilities, an active clubhouse with dining and social events, and a vibrant year-round lifestyle. Conveniently located just minutes from Downtown Naples, Fifth Avenue South, pristine Gulf beaches, shopping, dining, and everyday conveniences, this home offers the ideal combination of luxury, leisure, and location. Whether you're searching for a full-time residence, seasonal retreat, or investment opportunity, this exceptional property is ready for you to start living the Naples lifestyle from day one.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Listed by Coldwell Banker Realty | $258,000 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
02/21/2024
|
3 Bed
|
2 Bath
|
1318 ft²
|
$424,900
3 Bed
2 Bath
1318 ft²
|
-
-
|
Queenie Ritchie-Prete
Realty World Top Producers Rlt
| |
|
10/03/2023
|
2 Bed
|
2 Bath
|
1318 ft²
|
$330,000
2 Bed
2 Bath
1318 ft²
|
$290,000
-12.12%
07/24/2024
|
Charlene Vandenberg
Coldwell Banker Realty
| |
|
06/16/2023
|
2 Bed
|
2 Bath
|
1438 ft²
|
$449,000
2 Bed
2 Bath
1438 ft²
|
-
-
|
Jeff Jones
Keller Williams - Naples
| |
|
04/07/2022
|
2 Bed
|
2 Bath
|
1318 ft²
|
$335,000
2 Bed
2 Bath
1318 ft²
|
-
-
|
Lisa P. Grear, PA
BHHS Florida Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017