8610 Cedar Hammock Circle #1215
About This Property
THE GOLF COURSE IS ONE OF THE FINEST IN CHALLENGE AND CONDITION OF ANY OTHER SO CALLED "PEER COMMUNITIES". 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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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%.
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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.
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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 |
|---|---|---|---|
| Mar 3, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 29, 2025 | Listed by Sun Realty | $335,900 | |
| Listed by Sun Realty | |||
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JUST REDUCED !!!- LOCATION! LOCATION! This ground floor unit on "the circle" has fabulous sunsets,lake, preserve, and golf course views and most importantly is just a short walk to the popular "ISLAND POOL COMPLEX"(see pics). This makes this location extra special compared to "off the Island" other locations. Also more ideal as an investment. Fully turn key sale. The view across the lake is fantastic. Besides other many advantages of ground floor- the best is a walk out from the rear lakeside screened in lanai to a grass area ideal for entertaining or lawn chair get togethers or more private sun bathing. Also big advantage if you have a pet. This Ashbury floor plan offers the more popular split bedroom feature for maximum distance between bedrooms, maximum privacy, and less noise versus other floor plans. Also the laundry room is located in the guest full bathroom and not right in the main entrance hallway- (much quieter and more privacy). Also the Master bedroom has a fabulous large window lake and golf course view to wake up to rather than a building hallway. Master also has a walk in closet. Also appreciated is not needing to use the elevator to bring up groceries or get to your mail box or carry out trash bags or luggage etc. AMENETIES 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 RETIREMENT 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.
THE GOLF COURSE IS ONE OF THE FINEST IN CHALLENGE AND CONDITION OF ANY OTHER SO CALLED "PEER COMMUNITIES". 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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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
2 Bed
|
2 Bath
|
1232 ft²
|
$335,000
2 Bed
2 Bath
1232 ft²
|
$175,000
-47.76%
02/05/2026
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
07/09/2025
|
2 Bed
|
2 Bath
|
1232 ft²
|
$275,000
2 Bed
2 Bath
1232 ft²
|
$245,000
-10.91%
08/13/2025
|
Amy Kodak
Gulf Coast International Prop
| |
|
03/18/2025
|
2 Bed
|
2 Bath
|
1232 ft²
|
$328,000
2 Bed
2 Bath
1232 ft²
|
$250,000
-23.78%
12/09/2025
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
02/14/2025
|
2 Bed
|
2 Bath
|
1194 ft²
|
$299,000
2 Bed
2 Bath
1194 ft²
|
$230,000
-23.08%
09/24/2025
|
Aldo Quattrocchi
Sun Realty
| |
|
01/29/2025
|
2 Bed
|
2 Bath
|
1194 ft²
|
$345,900
2 Bed
2 Bath
1194 ft²
|
-
-
|
PETER Knox
Sun Realty
| |
|
01/23/2025
|
2 Bed
|
2 Bath
|
1232 ft²
|
$348,900
2 Bed
2 Bath
1232 ft²
|
$337,000
-3.41%
04/14/2025
|
Aldo Quattrocchi
Sun Realty
| |
|
11/22/2024
|
2 Bed
|
2 Bath
|
1232 ft²
|
$375,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
12/30/2023
|
2 Bed
|
2 Bath
|
1232 ft²
|
$395,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Mark Fennig
Caine Luxury Team
| |
|
06/18/2021
|
2 Bed
|
2 Bath
|
1232 ft²
|
$195,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Gayle Satcher
William Raveis Real Estate
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1232 ft²
|
-
2 Bed
2 Bath
1232 ft²
|
-
-
|
-
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017