20520 Foxworth Circle
About This Property
Enjoy a front and rear lanai, offering covered and uncovered living space. The home has newer accordion hurricane shutters on every opening and the home is equipped with a generator hookup and a portable generator making it ideal for full-time or seasonal residency. The current owner has meticulously maintained and upgraded the house, which has been highlighted by the whole kitchen renovation, including refaced cabinetry, upgraded countertops, and new appliances. This is all complimented by replaced flooring throughout the home. A massive covered lanai, large owner suite with separate walk-in closets, en suite bath and separate soaker tub and shower, two guest bedrooms, and an additional den/office with french doors that can be used a a 4th bedroom. This home is tastefully decorated. The Cascades is a sought-after 55+ community that recently underwent a complete clubhouse modernization and features pickleball courts, tennis courts, bocce courts, a billiards room, a card room, a craft space, a library, a large fitness center with a sauna, a satellite pool, a community spa, and a large resort-style pool with indoor/outdoor swimming and a full-time social activities director.
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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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Dec 7, 2024 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Nov 27, 2024 | Price Decreased |
$515,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
Property Highlights
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017