20128 Torch Key Way
About This Property
The open-concept floor plan is designed for both everyday living and entertaining, featuring a spacious kitchen with stainless steel appliances, a gas range, ample cabinetry, and a large island overlooking the dining and living areas. Hurricane sliding glass doors open to the extended screened lanai, where you'll enjoy peaceful lake views and stunning SWFL sunsets. Thoughtfully upgraded throughout, this move-in-ready home features HURRICANE IMPACT WINDOWS AND DOORS, luxury vinyl plank flooring (2025) throughout the main living areas, new carpet in both bedrooms, PLANTATION SHUTTERS (2025), new ceiling fans, a NEW DISHWASHER (2025), and a brand NEW WATER HEATER (2026). The epoxy-coated garage floor and built-in shelving provide exceptional functionality and storage, completing this meticulously cared-for home. Residents of Tidewater enjoy an exceptional resort-style lifestyle with a clubhouse, fitness center, resort-style pool and spa, tennis, pickleball, bocce, walking paths, and a vibrant social calendar. Ideally located just minutes from Coconut Point, Gulf Coast Town Center, RSW International Airport, world-class dining, shopping, and Southwest Florida's beautiful beaches, this impeccably maintained villa offers the perfect blend of comfort, convenience, and low-maintenance living.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/08/2024
| |
2 Bed
|
2 Bath
|
1544 ft²
|
$565,000
2 Bed
2 Bath
1544 ft²
|
-
-
|
Brittany Skotak
Downing Frye Realty Inc.
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017