20507 Black Tree Lane
About This Property
The Preserve at Corkscrew is just minutes from top shopping, dining, and Southwest Florida's famous beaches. This home is a rare find! Move-in ready and waiting for you! Let's book your tour today!
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 16, 2025 | Price Decreased |
$779,999
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Apr 26, 2025 | Listed by Keller Williams Elite Realty | $785,000 | |
| Listed by Keller Williams Elite Realty | |||
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Welcome to luxury living in the heart of Estero! This stunning 3-bedroom + den, 3-bathroom, 3- car garage home in the highly sought-after Preserve at Corkscrew offers the perfect blend of style, comfort, and function! The home features a light-filled open floor plan with a gourmet kitchen that boasts top-of-the-line appliances (2022) and DOUBLE islands, a true chef’s dream! Step outside to your private oasis with a CUSTOM-DESIGNED POOL and extended lanai, completed in 2022, featuring a sun shelf and an eat-in table right in the pool that's perfect for entertaining or unwinding! The primary bathroom has been beautifully remodeled, offering a freestanding soaking tub, a sleek walk-in shower with level-floor entry, and a custom glass enclosure for a spa-like retreat. Additional features include accordion hurricane shutters, providing added protection and peace of mind, tile floors throughout and a whole home water filtration system. As a resident of the community, enjoy the resort-style amenities including a community pool and spa, pickleball, tennis, an exercise room, yoga room, and a children’s playground. All for LOW HOA fees, in an unbeatable location!
The Preserve at Corkscrew is just minutes from top shopping, dining, and Southwest Florida’s famous beaches. This home is a rare find! Move-in ready and waiting for you! Let's book your tour today!
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About Lee
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Currently no similar homes aroundNearby Rentals
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017