A well-designed two-bedroom plus den villa, attached to a
neighboring residence, offering comfortable Florida living with
lots of privacy and convenience. The kitchen has quartz counters,
subway tile backsplash, stainless steel applicances, breakfast bar,
pantry closet and lots of storage. Tile floors in main areas and
neutral carpet in both bedrooms. The master bedroom has an en-suite
bathroom with a walk-in shower and dual sinks, along with a large
walk in closet. Spacious Laundry room inside residence. Manual
shutters for all windows and doors . This home includes a two-car
garage and an open, screened-in patio with tranquil views of lush
Florida landscaping-mature trees, palms, and colorful flowering
plants-perfect for relaxing or entertaining year-round. Situated in
a desirable 55+ gated community in the heart of Estero, this
neighborhood is known for its active lifestyle and strong sense of
community. Residents enjoy amenities galore, including a fitness
center, resort style heated pool, pickelball, tennis, bocci ball,
and a wide variety of organized group activities and entertainment
with an Activity Director in the community. Ideally located close
to beaches, shopping, dining, and Southwest Florida International
Airport, this villa delivers low-maintenance living paired with an
engaging, social environment.
Unit Size
1,544 Ft²
Days on Market
86 days
Land Size
0.10 acres
Price per sqft
$259
Property Type
Townhouse
Property Taxes
$407
HOA Dues
$1,467
Year Built
2017
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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