Discover the sought-after and rarely available MASSIANO MODEL by
Toll Brothers, one of only a handful in The Reserve at Estero.
Soaring ceilings, thoughtfully designed interiors, and exceptional
outdoor living come together in this beautifully maintained pool
home. Built in 2014, this 3 Bedroom + Den, 2.5 Bath home features
an open great room design with abundant natural light and diagonal
tile throughout the main living areas. The well-appointed kitchen
offers granite countertops, a stylish tile backsplash, and
stainless steel appliances, with an easy flow into the living and
dining spaces. Sliding glass doors open to a private lanai, where a
NEW OUTDOOR KITCHEN, generous covered entertaining space, and a
heated SALTWATER pool and spa create the perfect setting for
relaxed afternoons and evenings with friends. The spacious primary
suite features a comfortable sitting nook, two custom walk-in
closets, and an en-suite bath, while the split-bedroom layout
provides privacy for guests. A separate den offers flexibility for
a home office or additional retreat. Located in FLOOD ZONE X, this
home's notable features include IMPACT WINDOWS AND DOORS,
solid-core wood interior doors, a roof radiant barrier, and
exterior woodpecker protection. Located WEST of I-75 between Naples
and Fort Myers, The Reserve at Estero is a natural gas community
offering a clubhouse, fitness center, aerobics studio, tennis,
pickleball, playground, and resort-style pool and spa. Enjoy
convenient access to Coconut Point Mall, Hertz Arena, and FGCU,
plus a short drive to the white sand beaches of the Gulf.
Furnishings are negotiable, making it easy to move right in and
start enjoying the Southwest Florida lifestyle!
FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT
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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.
This sought-after Massiano model by Toll Brothers ticks all the boxes! Meticulously maintained by its original owners and loaded with upgrades, this 2014 built 3 BED + DEN, 2.5-BATH, POOL home is ready for you to move right in. The open great room layout features tall volume ceilings & ample natural light, creating a spacious & inviting atmosphere. Upgraded diagonal tile flows throughout main living areas. The well-appointed kitchen is a highlight with granite countertops, stylish tile backsplash and SS appliances. The master suite impresses with an ample seating nook, 2 custom walk-in closets, and an en-suite bath. Split bedroom layout ideal for guests. Step through pocketing sliders to the private lanai, complete with a SALTWATER POOL & SPA (NEW Heater 2023) & generous covered space for entertaining. Additional Features: IMPACT DOORS & WINDOWS, NEW EXTERIOR PAINT, SOLID CORE WOOD INTERIOR DOORS, WOOD PECKER PROOFED EXTERIOR, ROOF W/RADIANT BARRIER! The Reserve at Estero is Natural Gas community WEST of 75 located between Naples & Ft. Myers with amenities for all to enjoy, including clubhouse, gym, aerobics studio, tennis, pickleball, playground & a resort-style pool & spa. A Hometech Home Warranty is offered to new owner for added peace of mind! The manager has listed the unit size as 2216 square feet.
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