20523 Foxworth Circle
About This Property
This meticulously maintained single-family home boasts 3 bedrooms, a versatile den, and 2 bathrooms across 2,361 sq. ft. of thoughtfully upgraded living space. Step through the elegant double entry doors with leaded glass inserts and immediately appreciate the modern design and attention to detail throughout.
The open-concept living area features upgraded porcelain tile flooring, granite countertops, and stainless steel appliances, creating a perfect space for entertaining or everyday comfort. Sliding doors lead to your private lanai with a sparkling pool and retractable sunshade, offering the ideal spot to relax and enjoy breathtaking sunsets over a serene long lake view.
The owner's suite includes an updated seamless glass shower enclosure, while updated fans and lighting add a stylish touch. Additional enhancements include a new roof, accordion hurricane shutters for peace of mind, a newer A/C system, and an epoxy-coated garage floor for added durability.
Situated in the vibrant Cascades at Estero, a 55+ gated community, this home offers access to an affordable yet luxurious lifestyle surrounded by lush landscaping and natural beauty. At the heart of the community is a 26,000-square-foot clubhouse featuring indoor and outdoor pools, a ballroom, billiards room, card rooms, a library, and an arts and crafts room with a pottery kiln. Adjacent to the clubhouse is a state-of-the-art fitness center complete with a dance studio, showers, and saunas.
Outdoor enthusiasts will enjoy five professional Har-Tru tennis courts, four pickleball courts, and lighted bocce courts. A full-time activities director ensures a packed social calendar with fitness classes, dance lessons, and holiday events, fostering a warm and welcoming atmosphere.
Conveniently located near Naples, Bonita Springs, Fort Myers, and the Gulf beaches, the community is minutes from Southwest Florida International Airport, I-75, US 41, and premier shopping and dining destinations like Gulf Coast Town Center, Coconut Point, and Miromar Outlets.
With low HOA fees covering lawn care and a no-flood-zone designation, Cascades at Estero offers stress-free, low-maintenance living. From swimming laps to playing on the courts or attending social events, every day in this community feels like a vacation.
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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.
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017