8723 Ibis Cove Circle
About This Property
The home has impact windows installed within the last three years, a new roof (2022), newer and well-maintained A/C system, newer and well maintained pool heater, plantation shutters, and water heater (replaced in 2022) giving you peace of mind for years to come. The kitchen is equipped with quartz countertops, large peninsula with waterfall edge, and modern black stainless steel appliances, with new (2024) waterproof luxury vinyl plank flooring throughout the entire home.
Step outside to your serene backyard retreat, complete with a spacious screened patio and refreshing pool-ideal for relaxing or entertaining. Located near A+ rated schools, the highly desirable Ibis Cove community offers resort-style amenities with a low HOAs.
Don't miss this incredible opportunity to own a home that perfectly blends comfort, style, and convenience-in a highly desirable community in North Naples.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Price Decreased |
$484,999
↓ $15K
(3%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Imperial Realty of Naples, Inc | $500,000 | |
| Listed by Imperial Realty of Naples, Inc | |||
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Dec 10, 2023 | No longer available | - | |
| No longer available | |||
| Nov 10, 2023 | In contract | - | |
| In contract | |||
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About Urban Estates
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$7,500 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017