7701 Gardner Drive #101
About This Property
The Orchards is a gated community ideally located just:
3 miles to Vanderbilt Beach & The Ritz-Carlton Beach Resort
Across from Tiburon & The Ritz-Carlton Golf Resort
Less than 10 minutes to Mercato, 15 minutes to Downtown Naples & 25 minutes to Southwest Florida International Airport. Don't miss this opportunity to own a stylish, low-maintenance home in one of Naples' most central and convenient locations!
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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 25, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$525,000
↓ $24K
(4.4%) | |
| Price Decreased | |||
| May 19, 2025 | Listed by John R Wood Properties | $549,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2025
|
3 Bed
|
2 Bath
|
1607 ft²
|
$549,000
3 Bed
2 Bath
1607 ft²
|
$500,000
-8.93%
07/25/2025
|
Keri Huber
John R Wood Properties
| |
|
06/09/2022
|
3 Bed
|
2 Bath
|
1991 ft²
|
$535,000
3 Bed
2 Bath
1991 ft²
|
-
-
|
Debbie Gallo
MVP Realty Associates LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017