8938 SHENENDOAH Circle
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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 |
|---|---|---|---|
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | No longer available | - | |
| No longer available | |||
| Dec 16, 2021 | In contract | - | |
| In contract | |||
| Dec 11, 2021 | Listed by List In MLS Realty, LLC | $1,399,000 | |
| Listed by List In MLS Realty, LLC | |||
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Don’t miss out on this stunning TURN-KEY Luxury Estate Home located in the prestigious double-gated MAJORS community in Lely Resort. Premium sought after South facing oversized lot on the Mustang Course. Simply move in, enjoy one level living, set up your tee times, dine at the resort, grill poolside with your full outdoor kitchen, or play a game of pool. New roof (2019). New HVAC. Custom saltwater pool with spillover spa, waterfalls, and sun shelf. Luxurious ensuite master with dual walk-in closets. Three bedrooms plus den. Three full baths. Custom architectural features include dramatic moldings, recessed/cove-lit ceilings, arched doorways/niches, recessed walls, pillars, & unique windows. Sideload 3 car garage with additional storage space. NEW epoxy sealed garage floor. Enjoy the private Players Club & Spa, with resort-style pools, lap pool, clubhouse with aerobics, spin, yoga, gym, and a full service spa. Lely Resort offers parties & social programs throughout the year. Enjoy Lely Resort’s 3 golf courses,13 tennis courts, four bocce ball courts, basketball, pickleball, a movie theater, and more. Begin YOUR new awesome lifestyle TODAY with this MUST SEE home. The manager has listed the unit size as 2719 square feet.
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| Nov 10, 2021 | No longer available | - | |
| No longer available | |||
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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017