9880 SPRING RUN Boulevard #2907
About This Property
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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%.
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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.
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 26, 2003 | Sold | ||
| Sold | |||
| Apr 15, 2003 | Listed by Naples Realty Services, Inc. | $219,900 | |
| Listed by Naples Realty Services, Inc. | |||
| | |||
|
BEAUTIFUL NEVER LIVED IN 2-BEDROOM, 2-BATH + DEN END UNIT EGRET MODEL. TURNKEY FURNISHED. GOLF COURSE & LAKE VIEWS FROM LANAI. GOLF MEMBERSHIP INCLUDED. BUYER TO ASSUME CDD BALANCE. SUBJECT TO BUYER CERTIFICATION TO OCCUPY HOME FOR 50% USE FOR 2 YEARS.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2023
|
2 Bed
|
2 Bath
|
1685 ft²
|
$620,000
2 Bed
2 Bath
1685 ft²
|
-
-
|
Richard P Dooley
Berkshire Hathaway FL Realty
| |
|
04/15/2003
|
2 Bed
|
2 Bath
|
1513 ft²
|
$219,900
2 Bed
2 Bath
1513 ft²
|
$205,000
-6.78%
08/26/2003
|
Catherine Weise
Naples Realty Services, Inc
| |
|
12/16/2002
|
2 Bed
|
2 Bath
|
1513 ft²
|
$207,000
2 Bed
2 Bath
1513 ft²
|
$198,000
-4.35%
04/10/2003
|
Susan DeShong
Realty One Group MVP
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017