Welcome to your move-in-ready oasis in the heart of Estero. This
meticulously maintained townhome at 20036 Heatherstone Way offers
the perfect blend of modern updates and serene Florida living. With
three spacious bedrooms, two and a half bathrooms, and a private
one-car garage, every inch of this home has been refreshed to
provide a seamless transition for its next owner. Step inside to
find a bright, airy interior featuring new paint! The heart of the
home shines with a suite of brand-new kitchen appliances (2024),
while the upstairs bathrooms have been stylishly renovated to offer
a contemporary feel. Even the laundry room is ahead of the curve
with a new washer and dryer. The living space flows effortlessly
toward the back of the home, where large windows frame stunning,
unobstructed water views. Thanks to the western exposure, you'll
have a front-row seat to vibrant Florida sunsets every single
evening. Peace of mind comes standard here. The exterior was
recently painted, and the roof is brand new (2026) with no
additional payments. Coupled with accordion shutters for easy storm
protection and professional landscaping, the heavy lifting has
already been done for you. Life in this community feels like a
year-round vacation. Whether you're looking to stay active on the
pickleball courts, hit the gym, or lounge by the sparkling
community pool and clubhouse, there is something for everyone.
There is even a dedicated play area for outdoor fun. Get ready to
fall in love with the Estero lifestyle. This home looks and feels
absolutely brand new, but the real showstopper is the view-there's
nothing quite like watching the sky change colors as the sun dips
below the horizon every evening.
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.
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