8661 Champions Point #1503
About This Property
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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 21, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$749,000
↓ $150K
(16.7%) | |
| Price Decreased | |||
| Aug 30, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 26, 2024 | Listed by Premier Sotheby's Int'l Realty | $899,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| | |||
|
Enjoy dramatic southern views of the Mustang course and its waterways from this highly sought-after, second-floor residence at Champions! A versatile freshly painted interior, with French Provincial accents, and numerous upgrades including PGT impact windows, automated hurricane shutters and a newly installed water heater. Open-concept kitchen, highlighted with re-faced cabinetry, stainless steel appliances, tin ceiling detail and updated quartz countertops. A spacious living area is flooded with natural light and boasts white tongue and groove ceiling detail, crown molding and Mountain Timber wood-look porcelain tile flooring. The primary suite is tucked away that includes dual custom closets and updated bath with soaking tub. The extra-large third bedroom can be split into two rooms or used as an office or flex space. Enjoy a private two-car garage with private elevator access. Close to the community clubhouse which includes a pool, spa and grills for residents to enjoy. Champions is a double-gated community, and it is not a requirement to join the Player’s Club. Lely Resort is on 3,000 acres with running and recreational trails, beautiful lakes and preserves. A short drive to Marco and downtown Naples.
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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 |
|---|---|---|---|---|---|---|---|
|
04/16/2024
|
3 Bed
|
3 Bath
|
2686 ft²
|
$899,000
3 Bed
3 Bath
2686 ft²
|
$660,000
-26.59%
03/21/2025
|
Heather Hobrock
Premier Sotheby's Int'l Realty
|
Building Info
About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017