20450 Ardore Lane
About This Property
lanai with spacious yard ready for you to build the pool and outdoor area of your dreams. Easy to use accordion storm shutters on most windows. Electric storm shutter on large window over front door. Accordion shutters on all but large front windows. Newer roof and AC's. New water heater December 2024. New washer and dryer 2024. Bella Terra is a wonderful community with numerous amenities and activities and low HOA fees. Bella Terra is ideally located near schools, restaurants, RSW airport and a short drive to local beaches. Come see why so many families happily call Bella Terra home.
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed by Realty One Group MVP | $614,999 | |
| Listed by Realty One Group MVP | |||
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017