15094 Balmoral Loop
About This Property
Step inside to discover an open-concept floor plan with soaring ceilings, abundant natural light, and stylish tile flooring throughout the main living areas. The spacious kitchen boasts granite countertops, stainless steel appliances, a breakfast bar, and a cozy dining nook overlooking the pool and lake-perfect for casual dining or entertaining.
The primary suite is a tranquil retreat featuring private access to the lanai, two walk-in closets, and a spa-like ensuite bath with dual vanities, a soaking tub, and a walk-in shower. Three additional bedrooms and a versatile den/office provide ample space for family, guests, or remote work.
Enjoy Florida living at its finest on the screened lanai, complete with a sparkling heated pool. The expansive outdoor space offers plenty of room for lounging, dining, and soaking in the serene lake views.
Conveniently located just minutes from Fort Myers Beach, Sanibel Island, shopping, dining, and top-rated schools, this home offers both tranquility and accessibility.
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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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | Price Decreased |
$565,900
↓ $23K
(3.9%) | |
| Price Decreased | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by Berkshire Hathaway Florida | $589,000 | |
| Listed by Berkshire Hathaway Florida | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
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About Cypress Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017