One or more photo(s) has been virtually staged, AI generated or
rendered. One or more photo(s) has been virtually staged, AI
generated or rendered. Set against serene lake views with southeast
exposure, this 2024-built Canyon floor plan delivers refined modern
living in the gated community of Rivercreek in Estero. Spanning
2,135 square feet, the residence offers 3 bedrooms plus a den and 3
full baths, finished with care throughout. Neutral tile flooring
flows beneath abundant recessed lighting, while the kitchen makes a
statement with gold pendant fixtures and hardware, quartz
countertops, and crisp white cabinetry. The primary suite is
generously scaled, appointed with an expansive double vanity and
two walk-in closets. Four-pane sliders open to a screened lanai,
framing tranquil water views and inviting seamless indoor-outdoor
living. Impact windows and natural gas round out a home built for
both comfort and lasting quality.
Rivercreek is defined by its limited collection of homes,
cultivating an elevated, true neighborhood feel rarely found in
larger developments. This lifestyle community centers on fitness
and active living, with amenities that include a clubhouse,
resort-style community pool, fitness center, and courts for
pickleball, tennis, bocce, basketball, and volleyball, along with
billiards and a community park. Positioned in the heart of Estero,
the home places residents moments from the upscale shopping and
dining of Coconut Point and Miromar Outlets, top-rated golf, and
the white-sand beaches of Bonita Springs and Fort Myers. With
Southwest Florida International Airport just a short drive away,
both everyday convenience and coastal escape are always within
reach.
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.
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