20196 Markward Crossing
About This Property
The gourmet kitchen is a standout, featuring custom cabinetry, sleek Cambria countertops, pull-out shelves, a Miele dishwasher, a fabulous LG refrigerator, and much more. Other exceptional upgrades include a 2019 roof, a 2019 water heater, and a spacious 3-car garage with ample storage and a second refrigerator.
Enjoy outdoor living at its finest with a paver lanai overlooking a serene lake view. The solar and electric heated pool and spa are perfect for year-round enjoyment, while the outdoor wet bar with an under-counter refrigerator makes entertaining a breeze. Additional features include electric roll-down hurricane storm screens in lanai, crown molding, tray ceilings, tile floors, central vacuum, surround sound, and custom window shades.
All of this is located in Grandezza, a premier community offering a modern clubhouse, social events, and a renowned golf course (membership optional). Enjoy a variety of amenities, including tennis, basketball, bocce ball, a state-of-the-art fitness center, and dining options from formal to casual, with drinks at the community pool and happy hour at the Hub Bar.
Conveniently located just minutes from the Southwest Florida International Airport, and within walking distance to Miromar Outlets, Publix, and a variety of restaurants and bars. Experience the best of Florida living in Grandezza!
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2024 | Listed by Compass Florida, LLC. | $925,000 | |
| Listed by Compass Florida, LLC. | |||
| Jun 3, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
| Feb 20, 2020 | Listed by Compass Florida, LLC. | $599,000 | |
| Listed by Compass Florida, LLC. | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017