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%.
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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 |
|---|---|---|---|
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Feb 22, 2020 | Listed | $4,999,000 | |
| Listed | |||
| 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 | |||
| | |||
|
The most impressive in Legacy. Immaculately furnished second floor coach home, 3 BR, 3 BA, Den featuring 2 master suites with Private Elevator, 2686 SF under air and a 2 car garage. Professionally decorated throughout with outstanding furnishings and draperies and exquisite artwork. Enjoy the best long lake view in Legacy with spectacular sunsets from your lanai. Legacy is a gated community at Lely Resort and located on the Mustang Golf Course. This immaculate home has many upgrades including granite countertops, custom paint, stainless steel appliances, designer window treatments, fans, custom mirrors and volume ceilings. Impact glass windows and sliders throughout the home with electric hurricane shutters on the lanai. The kitchen has great storage space and a breakfast bar. The Master Suite with long water view has large walk-in closets, two vanities, soaking tub and separate shower. The Second Master Suite has a large sitting area with separate bath. The friendly, gated Legacy community offers its own pool, spa and clubhouse for owners. Enjoy the active Naples lifestyle with membership in award winning Players Club and Spa
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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 |
|---|---|---|---|---|---|---|---|
|
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