19555 Utopia Lane
About This Property
The Place at Estero offers unmatched resort-style amenities, including: A resort-style pool with a waterfall and a 100-foot water slide, A state-of-the-art fitness center and movement studio. A full-service restaurant and bar, plus a poolside cafe, Sports courts, including tennis, pickleball, basketball, and beach volleyball, A children's playground and dog park, A luxurious spa, private massage rooms, and so much more! Situated in the heart of Estero, this home is close to shopping, dining, and entertainment at Miromar Outlets, Coconut Point, and Gulf Coast Town Center. Convenient access to I-75 and RSW Airport makes this the ideal location for both full-time residents and seasonal visitors. Don't miss your chance to own this stunning home in The Place at Estero. Schedule your private showing today!
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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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 19, 2025 | Listed by Compass Florida LLC | $519,900 | |
| Listed by Compass Florida LLC | |||
| Jan 2, 2025 | No longer available | - | |
| No longer available | |||
| Oct 25, 2024 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017