9525 Avellino Way #2623
About This Property
The remodeled kitchen shines with quartz countertops, a custom pantry, and a charming window seat with storage. Thoughtful upgrades include built-in dining room cabinets, a versatile den with sleek sliding-door storage, and a guest room with a Murphy bed. Enjoy tranquil lake views from the tiled lanai, enhanced with no-see-um screens for year-round relaxation. The primary bath exudes spa-like luxury with a glass shower door, bench seat, and added vanity cabinet. Additional highlights: custom closets, laundry room cabinetry, new washer, updated AC system, and more.
Beyond your doorstep, Treviso Bay offers a premier resort lifestyle with a resort pool with outdoor restaurant and bar, spa, fitness center, tennis, pickleball, bocce, main clubhouse with restaurant and bar, and a private TPC golf course (May–Oct access for social members). Just minutes from Naples' famous 5th Ave, world-class beaches, and Marco Island, this is the perfect blend of luxury and location.
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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 12, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Feb 15, 2025 | Price Decreased |
$624,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Dec 12, 2024 | Listed by Downing Frye Realty Inc. | $649,900 | |
| Listed by Downing Frye Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2024
|
2 Bed
|
2 Bath
|
1454 ft²
|
$649,900
2 Bed
2 Bath
1454 ft²
|
$565,000
-13.06%
06/12/2025
|
Scott Bertha
Downing Frye Realty Inc.
| |
|
05/07/2024
|
2 Bed
|
2 Bath
|
1661 ft²
|
$649,000
2 Bed
2 Bath
1661 ft²
|
$636,500
-1.93%
09/17/2024
|
Maria Pizzino
Gulf Coast International Prop
| |
|
11/12/2020
|
2 Bed
|
2 Bath
|
1661 ft²
|
$339,333
2 Bed
2 Bath
1661 ft²
|
-
-
|
-
| |
|
01/10/2020
|
2 Bed
|
2 Bath
|
1454 ft²
|
$314,900
2 Bed
2 Bath
1454 ft²
|
$298,000
-5.37%
12/30/2020
|
Gina R Guarino
| |
|
01/29/2020
|
2 Bed
|
2 Bath
|
1355 ft²
|
$310,000
2 Bed
2 Bath
1355 ft²
|
$287,000
-7.42%
04/15/2020
|
Mike Pitkin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017