20052 Serene Meadow Lane
About This Property
The kitchen features granite countertops, impressive cabinetry extending toward the ceiling and an eat in area overlooking the private front courtyard. The spacious primary suite is highlighted by a beautifully remodeled bath with an expansive vanity, under cabinet lighting, soaking tub and walk in shower with frameless glass enclosure. The split bedroom floor plan provides privacy for guests, while the den with Murphy bed offers flexible space to suit your needs.
Outdoor living is a standout feature. An expansive screened lanai overlooks the lake, creating a peaceful setting for morning coffee, entertaining or relaxing at the end of the day. In front, a private courtyard with an expanded pavered sitting area provides another inviting outdoor space, while the generous side yard adds to the home's sense of openness.
Thoughtful upgrades continue with a Kinetico whole house water treatment system, separate Kinetico reverse osmosis drinking water system at the kitchen, and an AprilAire whole home dehumidification system for enhanced humidity control and year round indoor comfort. Accordion hurricane shutters provide ease of use and added peace of mind, while additional security cameras enhance the home's security features. The well equipped garage offers epoxy flooring, extensive storage and a large utility sink.
Cascades at Estero is an active 55+ community with a full time activities director and court sports director and an impressive collection of amenities including indoor and outdoor pools, fitness center, sauna, pickleball, tennis, bocce, billiards, card rooms, arts and crafts and a spacious clubhouse. Conveniently located in Estero near shopping, dining, medical services and all that Southwest Florida has to offer. The home is located in Flood Zone X500, outside the Special Flood Hazard Area, where flood insurance is generally not required by lenders.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2026 | Sold | ||
| Sold | |||
| Oct 21, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by DomainRealty.com LLC | $399,000 | |
| Listed by DomainRealty.com LLC | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| May 13, 2026 | Price Decreased |
$445,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017