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15092 Balmoral Loop
About This Property
Set on one of Colonial Pointe's premier lake lots, this 2,671 sq ft two-story home offers a rare combination of space, lakefront living, and move-in condition that's rarely available.
This expansive home lives as beautifully as it looks. Separate living, dining, and family rooms give everyone room to breathe, with a first floor bedroom and full bath rounding out the main level. Plantation shutters and neutral finishes throughout create a warm, polished look that is simply move-in ready. The open living areas flow directly to an oversized screened lanai, private heated pool, and peaceful lake views.
New LVP flooring and paint throughout give the home a clean, updated look from the moment you walk in. Major systems inside and out have been replaced: NEW ROOF (2023), dual A/C units, pool heater, pool cage, pool pump, water heater, irrigation system, refrigerator, dishwasher, and garbage disposal.
Meticulously maintained and nestled in the quaint community of Colonial Pointe, with an HOA of just $1,000 a year for a gated community and a coveted central location west of I-75, walking distance to Lakes Regional Park and minutes from shopping, dining, healthcare, and the award-winning beaches of Fort Myers Beach, Sanibel, and Captiva.
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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 15, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$564,999
↓ $24K
(4.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Relisted | $589,000 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by DomainRealty.com LLC | $579,000 | |
| Listed by DomainRealty.com LLC | |||
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About Cypress Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017