19615 Maddelena Circle
About This Property
The sought after Toll Brothers Saranac floor plan offers approximately 2,560 square feet on one level, with 3 bedrooms, a den, and 2.5 baths. Soaring 13 foot ceilings create a bright, open great room, complemented by crown molding and refined architectural details. The modernized kitchen features beautiful countertops, stainless steel appliances, abundant cabinetry, and generous workspace, with an easy flow into the living and dining areas. The spacious primary suite offers two walk in closets with custom closet systems and a well appointed bath, while a separate den provides flexible space for a home office, reading room, or hobbies.
The large extended screened lanai offers ample room for outdoor dining, lounging, and entertaining. A private pool and spa, outdoor kitchen, and gorgeous views of the lake and fountain create an inviting setting for morning coffee, quiet evenings, and gatherings with friends.
Notable improvements include a new roof in 2025, impact windows and electronic entryway shutters installed in 2023, a whole home generator, and fresh interior and exterior paint.
Belle Lago is a natural gas community with a 24 hour guarded gate and resort style amenities, including a clubhouse, fitness center, pool and spa, pickleball, Har Tru tennis courts, bocce, walking trails, and a playground. A private golf cart path connects residents to neighboring Estero Country Club, where optional golf and social memberships are often available.
Centrally located west of I 75 between Naples and Fort Myers, Belle Lago offers convenient access to Coconut Point, Miromar Outlets, Gulf Coast Town Center, RSW Airport, dining, entertainment, and Southwest Florida's beautiful beaches. With no CDD and a location in Flood Zone X500, where flood insurance is generally not required, this home offers added value. HOA fees include lawn maintenance, cable, internet, ADT monitoring, guarded entry, and community amenities, bringing everyday ease to this inviting lakefront lifestyle.
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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.
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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 |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Listed by DomainRealty.com LLC | $799,000 | |
| Listed by DomainRealty.com LLC | |||
| Aug 23, 2006 | Sold | ||
| Sold | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017