20374 Fair Oak Lane
About This Property
A 2024 "Acadia" by GL Homes that looks and lives like a model home. Furnishings included, so there's no shopping list and no six-week wait on a sofa. Ideal for a second home, a relocation, or anyone who wants to move in and be done.
1,904 sf, single-story: open great room, dining, and kitchen; a den for office or guest space; owner's suite with spa-inspired bath and walk-in closet; split bedrooms for privacy. Screened lanai overlooking a wooded preserve, with room for a pool. Impact windows, 2-car garage, 2024 construction.
RiverCreek amenities: clubhouse, resort-style pool, fitness center, pickleball, tennis, social rooms. Just off Corkscrew Road - minutes to I-75, Miromar Outlets, dining, golf, and the Gulf.
Furnished, freshly priced, and ready now. Move in, unpack, enjoy.
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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 |
|---|---|---|---|
| Oct 11, 2026 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Keller Williams Realty Naples | $615,000 | |
| Listed by Keller Williams Realty Naples | |||
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 14, 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