8620 Cedar Hammock CIR #1114
About This Property
The manager has listed the unit size as 1414 square feet.
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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%.
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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.
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 9, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $230,000 | |
| Listed | |||
| | |||
|
On “The Island” in Cedar Hammock! First Floor (NO STAIRS), 2 Bedrooms+Den 2 Bathrooms, 2 Screened Lanais & Single-Car Garage! Turnkey Furnished. HVAC 2017, Hot Water Heater 2018, Bosch Stainless Steel Dishwasher 2015, GE Side-By-Side Refrigerator 2015. New Roof Installed 2018. Corian Kitchen Countertop. Storm Shutters on Master Bedroom. Crown Molding in Living Room, Dining Room, Den and Master Bedroom. 42” Cabinets in Laundry Room. Your Garage Side Door and Mailbox are Less Than 8 Steps from Your Front Screen Door Giving a Convenience Rating of 100! Less Than 800 Foot Walk to Island Pool for a Convenience Rating of 1000! Refurbished Clubhouse Re-Opened September 25, 2019-No Special Assessment. Living in Cedar Hammock is Easy Because it Has a Championship Golf Course, Har Tru Tennis Courts, Driving Range, Putting Green, Pro Shop, Fitness Center with Trainer & Classes, Inside & Outside Dining, Themed Dinners/Parties and Complete Social Agenda. You Can Be as Active as You Want. The manager has listed the unit size as 1414 square feet.
| |||
| Jun 27, 2019 | No longer available | - | |
| No longer available | |||
| Apr 5, 2019 | Price Decreased |
$225,000
↓ $19K
(7.8%) | |
| Price Decreased | |||
| Feb 22, 2019 | Price Decreased |
$244,000
↓ $11K
(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 |
|---|---|---|---|---|---|---|---|
|
02/26/2026
|
2 Bed
|
2 Bath
|
1661 ft²
|
$479,000
2 Bed
2 Bath
1661 ft²
|
-
-
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
11/01/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$399,999
2 Bed
2 Bath
1414 ft²
|
$340,000
-15.00%
03/26/2026
|
Lisa J Dono PA
The Corcoran Group
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$475,000
2 Bed
2 Bath
1414 ft²
|
$340,000
-28.42%
10/31/2025
|
Suzanne Tjaden
Premiere Plus Realty Company
| |
|
12/04/2024
|
2 Bed
|
2 Bath
|
1414 ft²
|
$459,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
Michael Hansberry
Premiere Plus Realty Company
| |
|
04/21/2024
|
2 Bed
|
2 Bath
|
1414 ft²
|
$470,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
11/03/2020
|
2 Bed
|
2 Bath
|
1661 ft²
|
$289,000
2 Bed
2 Bath
1661 ft²
|
-
-
|
-
| |
|
09/28/2019
|
2 Bed
|
2 Bath
|
1414 ft²
|
$230,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
-
| |
|
02/07/2019
|
2 Bed
|
2 Bath
|
1414 ft²
|
$255,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
-
| |
|
10/26/2018
|
2 Bed
|
2 Bath
|
1414 ft²
|
$242,900
2 Bed
2 Bath
1414 ft²
|
-
-
|
-
| |
|
12/20/2017
|
2 Bed
|
2 Bath
|
1414 ft²
|
-
2 Bed
2 Bath
1414 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
About South Naples
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$9,000 /mo
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$4,750 /mo
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- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017