11239 BOUNDLESS TERRACE
About This Property
There are numerous upgrades, including plank style tile flooring, an attractive flat tile roof, ceiling fans and wood blinds in addition to a storm/screen front door. A huge laundry room with washer and dryer included provides plenty of space for convenience and organization. The two-car garage is equipped with a utility sink and overhead storage. For added security and peace of mind, the home includes a Blink camera system for both the front and back of the house, as well as hurricane IMPACT WINDOWS to ensure safety during storm season. Also situated close to the end of a quiet cul-de-sac street surrounded by nature. The current owners have added additional tropical landscaping for an extra special feel.
Located within a brand-new resort-style community with a soon-to-open 21,000 sq. ft. clubhouse and amenities you will enjoy: 2 pools, 9 pickleball courts (including a competition stadium court), and a full-time activities director. You'll find fun places to relax at the cafe and bar. Plus paw parks for your furry friends, and more. The community's prime location is just minutes from Downtown Wellen Park, where you'll find waterfront shopping, dining, entertainment options plus miles of trails for walking and biking. Additionally, you're only a short drive away from beautiful beaches, golf courses, parks, and recreational trails. Brightmore offers an active 55+ lifestyle in a low-maintenance, gated environment, making it the ideal place to enjoy all that Southwest Florida has to offer. QUICK CLOSE AVAILABLE! Some furnishings negotiable.
GOLF CART INCLUDED IN THE SALE!!!!!
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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%.
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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Price Decreased |
$372,500
↓ $3K
(0.7%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$375,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed by COLDWELL BANKER REALTY | $385,900 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017