19040 Geranium Road
About This Property
Offering three bedrooms and two bathrooms, this home features a spacious master suite complete with a private bath and walk-in shower. The secondary bedrooms are comfortably sized, ideal for family, guests, or a home office. The large living room opens to a formal dining area, creating a warm and inviting layout perfect for everyday living or entertaining.
The galley-style kitchen comes fully equipped with appliances and includes a cozy breakfast nook for morning coffee or casual meals. Just off the main living area is an enclosed porch under air, currently used as a den or office-this flexible space could easily serve as a playroom, hobby space, or home gym.
The attached one-car garage includes a washer, dryer, and utility sink, making cleanup after yardwork or outdoor fun a breeze. Speaking of yard space, the oversized lot-larger than most in the neighborhood-offers generous front and backyard areas, ideal for gardening, pets, or future outdoor enhancements.
Step outside to the spacious screened-in lanai, the perfect spot to relax and enjoy the Florida weather year-round-without the nuisance of bugs. Whether you're sipping your morning coffee or unwinding after a long day, this peaceful outdoor retreat adds valuable living space and endless potential for entertaining or quiet moments alike.
Major system updates already completed include a brand-new roof (2025), new water heater (2025), a newer AC (2021), and a recently inspected and pumped septic system (2025), providing peace of mind for the next owner.
While the interior is cosmetically dated, the home is clean, functional, and fully livable as-is-presenting a fantastic opportunity to build sweat equity over time. Conveniently located near I-75, RSW Airport, dining, shopping, and schools, this home offers affordability, location, and the chance to make it truly your own.
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | Listed by Keller Williams Realty Fort Myers and the Islands | $274,900 | |
| Listed by Keller Williams Realty Fort Myers and the Islands | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017