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$465,000

For Sale - Active
4844 Hampshire Ct Apt 305, Naples, FL 34112
2 Beds
2 Baths
1,674 Square Feet
0.00 Acres Lot
Built in 2001
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 23, 2025 at 03:30AM

Investment Summary


Monthly Cash Flow
-$652
Cap Rate
4.5%
Cash-on-Cash Return
-7.3%
Debt Coverage Ratio
0.73
Internal Rate of Return (5 years)
-3.1%

Property Description


0.00 Acres Lot
Built in 2001
For Sale - Active
Units n/a

Naples Lakes Country Club Top Floor Condo, END UNIT, PENTHOUSE, with gorgeous golf course views overlooking hole 17. FULL GOLF MEMBERSHIP included with purchase, with no wait list. This spacious 2+den condo offers 1669 sq.ft and features a south-facing lanai for maximum sunlight, with no neighbors above. The den has French doors for added privacy, which can also be used as a bedroom for your overflow of guests. The large kitchen has a granite countertop, stainless steel appliances (2016), and a water heater and AC/air handler replaced in 2020. In 2016, the kitchen was remodeled, along with upgraded bathrooms, and crown molding was installed throughout the home. Move-in ready and being sold Turnkey, so bring your clubs and clothes and enjoy the luxury lifestyle of Naples, Florida. The condo building roof was replaced in 2020, which helps with lower insurance rates. Naples Lakes Country Club is an award-winning, BUNDLED GOLF community featuring an 18-hole Arnold Palmer Signature Golf Course. Naples Lakes Country Club is one of the very few clubs that allows you to use your own golf cart on the course. A golf cart is available for purchase separately. Close to downtown 5th Avenue for famous shopping and restaurants, and 5 minutes to Physician's Regional Hospital.

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Location


Property Details


Parking

  • Description: Deeded, Driveway, Detached, Underground, Garage, GolfCartGarage, Paved, GarageDoorOpener
  • Details: Attached, Underground, Garage, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 3

Exterior Features

  • Roof Material: Tile
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • HOA Fee: $714/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 53290001141
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Coach Carriage, Low Rise
  • Year Built: 2001

Tax Information

  • Annual Tax: $2,046

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Humidity Control

Location

  • County: Collier

Listing Details


Listed by:
Robert Ludgate
John R Wood Properties
(239) 571-2474

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225061940
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$652
Cap Rate
4.5%
Cash-on-Cash Return
-7.3%
Debt Coverage Ratio
0.73
Internal Rate of Return (5 years)
-3.1%

Purchase Details

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Purchase price:
$465,000
Amount financed:
-$372,000
Down payment:
$93,000
Closing costs:
$13,950
Rehab costs:
$0
Initial cash invested:
$106,950
Square feet:
1,674
Cost per square foot:
$278
Monthly rent per square foot:
$1.85

Financing Details

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Loan amount:
$372,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,382
Property tax:
$171
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,770

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$171-$2,046
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (8%)
8%-$238-$2,856
Total operating expenses: (38%)
38%-$1,184-$14,202

Cash Flow


Monthly Yearly
Net operating income:
$1,730 $20,760
Mortgage payments:
-$2,382 -$28,584
Cash flow:
$652 $7,824