$320,000
●
Condo -
Off Market
970 Peggy Circle #UNIT601
Naples, FL 34113
3 Beds
2 Baths
1,659 Ft²
$3,412
Est. Monthly
$1,580
HOA / Fees
5.65%
Cap Rate
About This Property
An inviting first-floor residence located amongst only 28 total
units in Lely Landings. Spacious living area with 3 bedrooms and 2
bathrooms. Luxury vinyl flooring throughout. Crown molding, 8' doors, and 10' ceilings give a great feel to this unit. Lots of
closet space in both bedrooms. The bedroom adjacent to the living
area allows for flexible usage as a den or home office/study. The
unit also includes a 1-car detached garage and a parking space.
Residents of Lely Landings also have access to a community pool,
ideal for relaxing and socializing under the warm Florida sun. With
its convenient location close to downtown Naples and an array of
desirable features, this residence offers an exceptional
opportunity to embrace the coveted Florida lifestyle.
Unit Size
1,659 Ft²
Days on Market
78 days
Land Size
-
Price per sqft
$210
Property Type
Condo
Property Taxes
$118
HOA Dues
$1,580
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SWFLMLS #224073720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Relisted | $349,000 | |
| Relisted | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by Premier Agent Network INC | $349,000 | |
| Listed by Premier Agent Network INC | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Deeded, Detached, Garage, One Space, Garage Door Opener
Garage Spaces: 1
Garage Spaces: 1
Covered Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Interior Features: Bedroom On Main Level, Eat In Kitchen, Living Dining Room, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable Tv
Appliances: Dryer, Dishwasher, Freezer, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Living Area Square Feet Source: Appraiser
Laundry Features: Inside
Exterior Details
Property Condition: Resale
Year Built: 2006
Waterfront Features: None
Home Type: Residential
Architectural Style: Coach Carriage, Ranch, One Story, Low Rise
Roof: Tile
Window Features: Single Hung, Impact Glass
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Lanai, Patio, Porch, Screened
Pool Features: Community
ZeroLotLine
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,414
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available
Location Details
Association Fee Includes: AssociationManagement, Insurance, LegalAccounting, MaintenanceGrounds, PestControl, RecreationFacilities, ReserveFund, RoadMaintenance, StreetLights, Trash
Association Amenities: Clubhouse, Pool
Association Fee2: $1,580
Association Fee2 Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/25/2026
|
3 Bed
|
2 Bath
|
1659 ft²
|
$339,000
3 Bed
2 Bath
1659 ft²
|
-
-
|
Laura Nobil
Coldwell Banker Realty
| |
|
04/29/2024
|
3 Bed
|
2 Bath
|
1659 ft²
|
$379,000
3 Bed
2 Bath
1659 ft²
|
-
-
|
Theron Mascarenhas
Premier Agent Network, Inc.
| |
|
01/26/2024
|
3 Bed
|
2 Bath
|
1650 ft²
|
$459,000
3 Bed
2 Bath
1650 ft²
|
-
-
|
Mark Flynn
MVP Realty Associates LLC
|
Building Info
About South Naples
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Listed by: Marc Oliver, Premier Agent Network INC
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224073720
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224073720
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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