8640 Cedar Hammock Circle #511
About This Property
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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%.
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Listed by Blue Heron Realty of Naples | $519,000 | |
| Listed by Blue Heron Realty of Naples | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/26/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$425,000
2 Bed
2 Bath
1414 ft²
|
$400,000
-5.88%
03/26/2026
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
03/18/2025
|
2 Bed
|
2 Bath
|
1414 ft²
|
$449,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
Michael Hansberry
Premiere Plus Realty Company
| |
|
02/18/2025
|
2 Bed
|
2 Bath
|
1661 ft²
|
$519,000
2 Bed
2 Bath
1661 ft²
|
$510,000
-1.73%
03/27/2025
|
Robb Mackett
Blue Heron Realty of Naples
| |
|
10/15/2021
|
2 Bed
|
2 Bath
|
1414 ft²
|
$329,000
2 Bed
2 Bath
1414 ft²
|
-
-
|
Jonnie Westerop
Premiere Plus Realty Co.
| |
|
12/14/2020
|
2 Bed
|
2 Bath
|
1661 ft²
|
$310,000
2 Bed
2 Bath
1661 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1414 ft²
|
-
2 Bed
2 Bath
1414 ft²
|
-
-
|
-
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017