19600 Maddelena Circle
About This Property
The thoughtfully designed two-story floor plan places the spacious primary suite and private den on the first floor, along with open living areas featuring soaring volume ceilings and oversized windows that fill the home with natural light. The well-appointed kitchen features granite countertops and stainless steel appliances and flows seamlessly into the main living spaces, ideal for everyday living and entertaining.
Upstairs, two guest bedrooms, a full bathroom, and a versatile loft provide flexible space for guests, a media room, second office, or additional living area. A dramatic iron staircase adds architectural interest and sophistication.
The expansive screened lanai creates an inviting space for relaxing or entertaining while taking full advantage of the lake and fountain views. The oversized corner lot gives the home a more open feel, added privacy, and valuable extra outdoor space.
Belle Lago is a natural gas community known for its beautiful surroundings, active lifestyle, and prime Estero location west of I-75, convenient to beaches, shopping, dining, and Southwest Florida International Airport. The home is located in preferred Flood Zone X, and Belle Lago has no CDD. Residents enjoy resort-style amenities including pickleball, tennis, bocce, a fitness center, clubhouse, pool, and scenic walking paths throughout the community. A private golf cart path provides direct access to neighboring Estero Country Club, where golf memberships are currently available with no waitlist.
Move-in ready and beautifully cared for, this home combines a desirable floor plan, beautiful lake and fountain views, an oversized lot, and the Belle Lago lifestyle in one of Estero's most sought-after communities.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017