8620 CEDAR HAMMOCK Circle #1124
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$345,000
↓ $45K
(11.5%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$390,000
↓ $49K
(11.2%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$439,000
↓ $36K
(7.6%) | |
| 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 Wiebe PA
Coldwell Banker Schmitt Real E
| |
|
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
- 1 Unit for Sale
About South Naples
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Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 3 Beds
- 3 Baths
- 1,728 ft²
$4,750 /mo
- 2 Beds
- 2 Baths
- 1,757 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017