8640 Cedar Hammock CIR #523
About This Property
The manager has listed the unit size as 1414 square feet.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 18, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 15, 2025 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Amazing southern views from this top floor Veranda on the very coveted Island in Cedar Hammock. Beautifully turnkey furnished for your immediate enjoyment. With over 1400 interior square feet, cathedral ceilings, plus large front and back lanais this condo is light, bright and very spacious. Primary bathroom completely renovated with new shower, vanity, counter, mirrors and two walk in closets. Guest bathroom cabinet, counter, and mirror also updated. Enjoy great lake and 12th hole views from your back lanai. Newer roof and garage included. Recently completed amenities project includes a brand-new veranda area added to restaurant with additional outside seating and fire pits. New state of the art fitness center along with outdoor tiki bar and resort style pool. Cedar Hammock is conveniently situated just minutes away from downtown's fine dining, shopping, and beaches.
| |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 18, 2021 | In contract | - | |
| In contract | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 2 Beds
- 2 Baths
- 1,042 ft²
$3,000 /mo
- 2 Beds
- 1 Bath
- 909 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017