8580 Cedar Hammock Circle #714
About This Property
New Buyer will have the chance to exactly furnish this property to their personal taste and the listing price reflects this advantage.
The view across the lake with the white shore line rock limestone is fantastic.
AMETIES PROJECT WAS A $12 MILLION ENHANCEMENT AND RESULTED IN A QUARTERLY ASSESSMENT WITH APPROX 7 YEARS REMAINING ON THE TOTAL TERM OF 10 YEARS - A SOUND INVESTMENT VOTED IN BY THE MAJORITY OF OWNERS FOR THEIR RETIREMNENT BENEFIT AND ENSURE MAXIMUM INCREASE IN THEIR PROPERTY VALUES.
VIRTUALLY ALL MEMBERS ARE VERY PLEASED WITH THE RESULTS AND ALREADY SEE GAINS IN THEIR INVESTMENTS AND EVERY DAY PLEASURE-YOUR GUESTS WILL BE IMPRESSED.
Refer to the many photos for more details and check out the Cedar Hammock web site for more info.
We look forward to seeing you at a showing.
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$350,000
↓ $60K
(14.6%) | |
| Price Decreased | |||
| Mar 27, 2025 | Price Decreased |
$409,900
↓ $16K
(3.8%) | |
| Price Decreased | |||
| Mar 3, 2025 | Price Decreased |
$425,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/23/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$449,000
2 Bed
2 Bath
1414 ft²
|
$327,000
-27.17%
10/15/2025
|
PETER Knox
Sun Realty
| |
|
11/15/2019
|
2 Bed
|
2 Bath
|
1661 ft²
|
$289,900
2 Bed
2 Bath
1661 ft²
|
-
-
|
-
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017