20072 Serene Meadow Lane
About This Property
And then there's everything The Cascades at Estero has to offer. Residents enjoy an incredible array of amenities including indoor and outdoor heated pools, state-of-the-art fitness center with updated equipment, weight-training area, sauna and movement studio. Stay active with 5 Har-Tru tennis courts, 4 pickleball courts and 2 bocce courts, or take advantage of the many clubs, leagues and social activities.
The recently renovated clubhouse is the heart of the community and features a billiards room, card room, craft studio, library, business center and grand ballroom. A full-time Activities Director coordinates a year-round calendar of dinners, dances, live music, entertainment and special events, making it easy to stay active and connected.
The Cascades is ideally located in Estero, close to shopping, dining, healthcare, entertainment and Southwest Florida's beautiful beaches.
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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 |
|---|---|---|---|
| Nov 4, 2026 | In contract | - | |
| In contract | |||
| Oct 14, 2026 | Relisted | $389,000 | |
| Relisted | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by DomainRealty.com LLC | $389,000 | |
| Listed by DomainRealty.com LLC | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017