$300,000
●
House -
Off Market
6623 Ilex Circle #B
Naples, FL 34109
2 Beds
2 Baths
1,425 Ft²
$2,948
Est. Monthly
$875
HOA / Fees
5.61%
Cap Rate
About This Property
RECENT $20,000 PRICE IMPROVEMENT!! If you are looking for a
park-like setting close to shopping and restaurants, this is the
Villa for you-fabulous western-facing lake views from this lovely
attached villa in the heart of North Naples. Imagine watching
stunning sunsets from the tranquility of your own screened lanai.
Open concept living with a large kitchen, open living room/dining
area with vaulted ceilings, 2 bedrooms plus a den, 2 baths,
sizeable Primary bedroom with vaulted ceilings, en-suite bath, and
walk-in closet, newer A/C, screened lanai, and a one-car detached
garage. Walden Oaks has a very picturesque setting with a large
resort-style pool, Tennis/Picketball courts, 4 lakes with mature
tree-lined streets for walking and biking, and exceptional outdoor
living. Only a few minute's drive from Vanderbilt Beach, Mercato's
fabulous dining and shopping, and the world-famous downtown 5th
Avenue area of Naples
Unit Size
1,425 Ft²
Days on Market
210 days
Land Size
-
Price per sqft
$253
Property Type
House
Property Taxes
$305
HOA Dues
$875
Year Built
1990
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SWFLMLS #224079188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Price Decreased |
$359,900
↓ $19K
(5%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$379,000
↓ $36K
(8.7%) | |
| Price Decreased | |||
| Oct 2, 2024 | Listed by William Raveis Real Estate | $415,000 | |
| Listed by William Raveis Real Estate | |||
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Covered, Detached, Garage, Garage Door Opener
Garage Spaces: 1
Garage Spaces: 1
Covered Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Bedroom On Main Level, Bathtub, Cathedral Ceilings, Dual Sinks, Family Dining Room, Kitchen Island, Living Dining Room, Main Level Primary, Pantry, Separate Shower, Cable Tv, Walk In Closets, Split Bedrooms
Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Self Cleaning Oven, Washer
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Appraiser
Laundry Features: Washer Hookup, Dryer Hookup, Inside
Exterior Details
Property Condition: Resale
Year Built: 1990
Waterfront Features: Lake
Home Type: Residential
Architectural Style: Ranch, One Story
Roof: Shingle
Window Features: Single Hung
Construction Materials: Brick, Vinyl Siding, Wood Frame
Outdoor Living Structures: Lanai, Porch, Screened
Pool Features: Community
IrregularLot
Lot Size Source: Appraiser
Financial Details
Tax Year: 2023
Tax Annual Amount: $3,660
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, Internet, IrrigationWater, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, Sewer, StreetLights, Trash, Water
Association Amenities: Clubhouse, Pickleball, Park, Pool, Sidewalks, Tennis Courts
Association Fee: $581
Association Fee Frequency: Quarterly
Association Fee2: $294
Association Fee2 Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/02/2024
|
2 Bed
|
2 Bath
|
1425 ft²
|
$415,000
2 Bed
2 Bath
1425 ft²
|
$300,000
-27.71%
04/30/2025
|
Lora Merrill
William Raveis Real Estate
|
Building Info
About North Naples
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Listed by: Lora Merrill, William Raveis Real Estate
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224079188
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224079188
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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