6920 Cay Court
About This Property
The open floor plan featuring the kitchen, dining room and living room lives like a single family home. The master suite is a private sanctuary, offering scenic water views, a large walk-in closet, and dual sinks providing a spa-like ambiance. The two additional bedrooms are thoughtfully designed with ample closet space and easy access to a beautifully appointed guest bathroom. The versatile den is adaptable to suit your lifestyle needs, providing the perfect space for a home office, den, or bedroom when you have extra guests in town.
Step out onto the lanai to enjoy your private outdoor paradise, where a sparkling pool & spa take center stage against the backdrop of tranquil water views. The expansive lanai is ideal for unwinding while enjoying the picturesque setting. This beautiful home features many upgrades and updates including a spacious kitchen with under cabinet lighting, porcelain plank tile flooring throughout, plantation shutters, dual head shower in primary bathroom, garage with Pro Air AC and custom suspended storage, NEW AC compressor (2024), Dishwasher (2022), Garbage disposal (2022), sealed driveway, instant hot water, electric storm shutters, comfort height toilets. Mature, custom landscaping surrounds the property ensuring beauty and privacy. This villa offers the perfect blend of comfort and space, making it not just a home, but a sanctuary and features plenty of room for family and friends to visit.
The Isles of Collier Preserve is a private gated community located less than 5 miles from Old Naples' prestigious restaurants, shops & beaches. Amenities include an Old Florida Clubhouse, state of the art fitness center, resort-style swimming pool, lap pool, tennis, pickleball & bocce ball courts, boat house & kayak launch, 8 miles of scenic walking and biking trails, a dog park, The Overlook Bar & Grill and low HOA fees. Naples ranks as the #1 place to live in America!
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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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Price Decreased |
$998,000
↓ $147K
(12.8%) | |
| Price Decreased | |||
| Nov 16, 2024 | Relisted | $1,145,000 | |
| Relisted | |||
| Nov 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About East Naples
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$5,500 /mo
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$5,500 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017