6948 Avalon Circle #608
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Apr 21, 2025 | Price Decreased |
$499,000
↓ $36K
(6.7%) | |
| Price Decreased | |||
| Apr 6, 2025 | Price Decreased |
$535,000
↓ $24K
(4.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/11/2025
|
2 Bed
|
2 Bath
|
1355 ft²
|
$499,000
2 Bed
2 Bath
1355 ft²
|
$370,000
-25.85%
06/12/2026
|
Marie Orlando
Premiere Plus Realty Co.
| |
|
02/21/2025
|
2 Bed
|
2 Bath
|
1660 ft²
|
$559,000
2 Bed
2 Bath
1660 ft²
|
$450,000
-19.50%
07/21/2025
|
Kristine Kiltz
William Raveis Real Estate
| |
|
06/18/2019
|
2 Bed
|
2 Bath
|
1467 ft²
|
$350,460
2 Bed
2 Bath
1467 ft²
|
-
-
|
-
| |
|
10/08/2019
|
3 Bed
|
2 Bath
|
1725 ft²
|
$365,101
3 Bed
2 Bath
1725 ft²
|
-
-
|
-
| |
|
06/18/2019
|
2 Bed
|
2 Bath
|
1339 ft²
|
$330,517
2 Bed
2 Bath
1339 ft²
|
-
-
|
-
| |
|
06/18/2019
|
3 Bed
|
2 Bath
|
1725 ft²
|
$378,255
3 Bed
2 Bath
1725 ft²
|
-
-
|
-
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017