19731 Maddelena Circle
About This Property
Welcome to 19731 Maddelena Circle, where timeless design meets modern luxury in one of Belle Lago's most sought-after floorplans – the Saranac. This 4-bedroom, 3-bathroom residence is perfectly positioned on a premium lot with no neighbor on one side, only peaceful common area greenspace, offering an extraordinary level of privacy in a prestigious gated community.
Recently renovated, this home features luxury vinyl plank flooring throughout, fresh interior paint, and a reimagined kitchen showcasing quartz countertops, a matching backsplash, and stainless steel appliances. The home's open layout is enhanced by soaring 14-foot ceilings, 8-foot doors, and an expansive great room, creating a light-filled, inviting atmosphere perfect for both entertaining and everyday living.
Significant upgrades include a NEW tile roof and a NEW A/C system, providing peace of mind for years to come. The private, heated pool and spa overlook a tranquil lake, offering a serene retreat just outside your back door. Accordion shutters on the rear sliding doors provide added protection and convenience. The chef-inspired kitchen includes a natural gas cooktop, dual breakfast bars, and functional elegance ideal for hosting gatherings. The luxurious master suite features a sitting area, spa-style bath, and private access to the lanai, making it a true sanctuary within the home.
Belle Lago is an upscale, amenity-rich community offering a zero-entry resort-style pool, 4 Har-Tru tennis courts, pickleball, bocce ball, a fitness center, billiards room, children's play area, and a scenic boardwalk through a protected nature preserve. Optional golf memberships including reciprocal rights are available through the neighboring Estero Country Club, accessible via private cart path. Centrally located near Coconut Point, Miromar Outlets, Gulf Coast Town Center, RSW Airport, and Barefoot Beach, this home offers a lifestyle of luxury, privacy, and convenience in one of Estero's most desirable communities.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Listed by Key Real Estate | $774,900 | |
| Listed by Key Real Estate | |||
| Apr 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 3, 2025 | Price Decreased |
$674,900
↓ $25K
(3.6%) | |
| Price Decreased | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017