648 Mardel Court #708
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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by John R Wood Properties | $285,000 | |
| Listed by John R Wood Properties | |||
| | |||
|
Step into a condo that feels instantly like home — airy, modern, and beautifully updated. This spacious, light-filled two-bedroom, two-bath retreat in the highly desirable Colonies at Berkshire Lakes strikes that perfect balance between comfort and style, all just steps from the swimming pool. Inside, you’re welcomed by an open living space, with fresh LVT flooring flowing seamlessly throughout. The split-bedroom design gives everyone the privacy they want, while the primary suite features a generous walk-in closet. The completely renovated kitchen is a showstopper — sleek quartz countertops, stainless appliances, recessed lighting, and a breakfast bar that makes mornings feel effortless. Slide open the doors to your screened lanai and relax in total tranquility enjoying a direct view of the pool and surrounded by the quiet beauty of this beautifully maintained community. Living in The Colonies means tapping into a lifestyle people move to Naples for: two sparkling pools, tennis and pickleball courts, a community pool and a lakeside walking trail where you can catch the sunset night after night. There’s even a scenic pier overlooking the lake — the perfect spot to unwind or take in the view. And the location? Truly unbeatable. You’re just minutes from Naples’ famous dining and shopping, pristine white-sand beaches, Publix, gyms, medical offices, and the best of everyday conveniences. This is where easy living meets true Naples charm. Don’t miss this great opportunity today!!
| |||
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 1, 2025 | Price Decreased |
$300,000
↓ $29K
(8.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2025
|
2 Bed
|
2 Bath
|
1093 ft²
|
$285,000
2 Bed
2 Bath
1093 ft²
|
$250,000
-12.28%
01/15/2026
|
Debra Sartori
DomainRealty.com LLC
| |
|
11/22/2024
|
2 Bed
|
2 Bath
|
1093 ft²
|
$350,000
2 Bed
2 Bath
1093 ft²
|
-
-
|
Todd C Burrows PA
Keller Williams Realty - Welli
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1063 ft²
|
$339,900
2 Bed
2 Bath
1063 ft²
|
-
-
|
Rebecca Sinatra
Premier Sotheby's Int'l Realty
| |
|
02/29/2024
|
2 Bed
|
2 Bath
|
1093 ft²
|
$314,700
2 Bed
2 Bath
1093 ft²
|
-
-
|
Linda Camp Hoeckelberg
EXP Realty LLC
| |
|
02/18/2021
|
3 Bed
|
2 Bath
|
1377 ft²
|
$230,000
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
06/22/2020
|
2 Bed
|
2 Bath
|
1164 ft²
|
$190,000
2 Bed
2 Bath
1164 ft²
|
$184,000
-3.16%
04/21/2021
|
Rob Anthony Lahay
| |
|
06/16/2020
|
3 Bed
|
2 Bath
|
1377 ft²
|
$220,000
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
10/11/2019
|
2 Bed
|
2 Bath
|
1164 ft²
|
$185,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
| |
|
01/10/2019
|
3 Bed
|
2 Bath
|
1377 ft²
|
$229,900
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
05/16/2012
|
2 Bed
|
2 Bath
|
1164 ft²
|
$109,000
2 Bed
2 Bath
1164 ft²
|
$109,000
10/19/2012
|
Mike Dodge
John R. Wood Properties
| |
|
05/05/2012
|
3 Bed
|
2 Bath
|
1377 ft²
|
$139,000
3 Bed
2 Bath
1377 ft²
|
$125,000
-10.07%
10/17/2012
|
Mike Dodge
John R Wood Properties
|
Building Info
About Golden Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017