12240 Eagle Pointe Circle
About This Property
Eastern exposure means morning light fills living spaces without the afternoon intensity westerly units deliver. The great room offers extra storage and the natural light that makes 2,059 square feet live larger than the numbers suggest. Millwork and chair rail details throughout signal the craftsmanship that is often skipped today. Custom closets in the bedrooms maximize every inch. Plantation shutters in the primary suite control light while adding architectural detail.
The garage features epoxy flooring and fresh paint. The kind of finished space that functions as workshop, storage, or actual parking. Stainless steel appliances in the kitchen. Practical half-bath doubles as laundry space, keeping utility functions contained.
Eagle Pointe within Gateway offers low HOA with a community pool and clubhouse, plus Gateway's parks, walking paths, bike trails, and restaurants. Minutes to Southwest Florida International Airport, I-75, and JetBlue Park. Thirty-five minutes to the beaches.
For buyers seeking split-level flexibility in a connected location, close to everything Fort Myers offers without paying for proximity you won't use, this is where starter home meets smart investment in a community built for daily life, not just weekends.
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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.
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About Gateway
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017