11671 Pine Hammock Circle
About This Property
Inside, tile flooring runs throughout the entire home, giving it a clean, cohesive look that is perfect for the Florida lifestyle. The open living and dining area is anchored by a living room that spans over 25 feet, filled with natural light and designed for easy everyday living and entertaining. The updated kitchen is a standout with gorgeous granite countertops, stainless steel appliances, and a pantry tucked into the interior laundry room that also connects directly to the two car garage. Everything is laid out the way it should be, functional, connected, and thoughtfully done.
The primary suite is genuinely impressive, an oversized room nearly 17 by 23 feet with large closets including a walk-in and a fantastic bathroom featuring an open shower, soaking tub, and more. The second bedroom and full guest bath are well positioned for privacy on the opposite side of the home. The third bedroom is a private poolside cabana with its own full bath, walk-in closet, and separate entry, perfect for guests, a home office, or an in-law suite, and it opens directly onto the pool area for seamless outdoor living.
Speaking of which, the screened lanai stretches over 41 feet wide and wraps around a private pool that serves as the heart of this home's outdoor space. Whether you are hosting friends or unwinding after a long day, this backyard delivers. And the location could not be more convenient. You are 15 minutes or less from the best area restaurants, beaches, downtown Fort Myers, hospitals, top rated private and public schools, golf courses, and some of the best shopping in Southwest Florida.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$425,000
↓ $24K
(5.4%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$465,000
↓ $25K
(5.1%) | |
| Price Decreased | |||
| Jul 13, 2026 | Price Decreased |
$490,000
↓ $35K
(6.7%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017