6422 LEGACY #703
About This Property
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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 |
|---|---|---|---|
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Feb 22, 2020 | Listed | $4,999,000 | |
| Listed | |||
| | |||
|
Enjoy the VERY Best Long & Wide Lake Views in Legacy with spectacular sunsets from your Lanai. Elegantly furnished Coach home, 3 BR, 3 BA, Den, Private Elevator, 2,686 SF & 2 car garage. Throughout the home you'll find high-quality Furnishings with attention to detail. Volume ceilings, tile floors, wooden shelves, 8' doors & windows add natural light. The kitchen features upgraded cabinets with pull out drawers, granite counters, a center island & step-in pantry. Spacious living room & Lanai overlook the unquestionable BEST LAKE VIEW in Legacy! TWO MASTER SUITES plus a private guest suite. New Water Heater, Washer. & Dryer only one year old. This immaculate home has many upgrades including granite countertops, custom paint, stainless steel appliances, designer window treatments, fans, custom mirrors & volume ceilings. Impact glass windows & sliders throughout the home with electric hurricane shutters on the Lanai. The Master Suite with long water view has large walk-in closets, two vanities, soaking tub & separate shower. The 2nd Master Suite has a large sitting area with separate bath. Legacy community offers its own pool, spa and clubhouse & all the amenities at Players Club!
| |||
| Mar 25, 2019 | No longer available | - | |
| No longer available | |||
| Feb 20, 2019 | Price Decreased |
$479,000
↓ $30K
(5.9%) | |
| Price Decreased | |||
| Dec 11, 2018 | Listed | $509,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2021
|
3 Bed
|
3 Bath
|
2686 ft²
|
$625,000
3 Bed
3 Bath
2686 ft²
|
-
-
|
Glenn C Bradley
Coldwell Banker Realty
| |
|
02/22/2020
|
3 Bed
|
3 Bath
|
-
|
$4,999,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
12/11/2018
|
3 Bed
|
3 Bath
|
-
|
$509,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
09/27/2008
|
2 Bed
|
2 Bath
|
2160 ft²
|
$449,000
2 Bed
2 Bath
2160 ft²
|
-
-
|
Jone Miller
Downing Frye Realty Inc.
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017