20247 Cypress Shadows Boulevard
About This Property
of the flood zone for extra peace of mind. This lovely home has full hurricane protection, including electric shutters on the lanai, hurricane glass/windows on the front of the house, and accordion hurricane shutters on the sides- nothing to worry about here! The spacious and private backyard offers a sparkling pool with sun shelf and picture window screen enclosure. This IMMACULATE home was built in 2013 and looks like a model. Built by Pulte builders, the popular Vernon Hill II floor plan offers a large open great room, three bedrooms, a den, 2 bathrooms, and a finished two-car garage with an additional four feet extension and epoxy flooring for durability. Step inside to discover large diagonal tile flooring and a freshly painted interior. The gourmet kitchen showcases upgraded granite countertops, a stylish tile backsplash, stainless steel appliances, rubbed bronze faucets, soft-close drawers, and plenty of storage with rich cabinetry expanding into the bright eat-in area. The great room is ideal for entertaining, with a surround sound system and a formal dining area. Crown molding enhances the elegance of all major living spaces. Retreat to the spacious primary bedroom, with dual vanities, a relaxing bathtub, and a frameless glass shower equipped with handheld and rain shower heads. The Preserve at Corkscrew is an incredible nature-filled gated community with dedicated nature preserves, numerous lakes, street lights, and sidewalks. There is an active social committee with ongoing activities, and of course, PICKLEBALL is HUGE. You can even learn the sport on
certain nights. The location is just minutes from I-75, world-renowned shopping & dining, beautiful beaches, award-winning golf, Hertz Arena, Naples, FGCU, & RSW Airport. Low HOA fees include all lawn maintenance with resort-style amenities, including a fully equipped gym, yoga/flex room, tot lot, tennis/pickleball courts, a resort-style pool with cabanas, palm trees, and a deck overlooking the lake.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by Corkscrew Real Estate | $659,000 | |
| Listed by Corkscrew Real Estate | |||
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017