20108 Serene Meadow Lane
About This Property
High ceilings and abundant natural light create a bright, airy feel throughout the living spaces. The split bedroom floor plan provides privacy for the primary suite and guest accommodations, while three bedrooms offer flexibility for overnight visitors, a home office or space for hobbies.
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. From a morning on the courts to an afternoon by the pool, there are plenty of opportunities to stay active and connect with neighbors.
Enjoy a convenient Estero location with easy access to shopping, dining, golf and Southwest Florida's beautiful beaches. No CDD fees. Located outside the Special Flood Hazard Area.
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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 |
|---|---|---|---|
| Oct 31, 2026 | In contract | - | |
| In contract | |||
| Oct 19, 2026 | Listed by DomainRealty.com LLC | $379,999 | |
| Listed by DomainRealty.com LLC | |||
| Oct 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | Relisted | $439,000 | |
| Relisted | |||
| Oct 10, 2022 | 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