20621 Pine Tree Lane
About This Property
A new metal roof in 2024 and a new well system installed in 2025 provide added value and peace of mind.
Situated on a private lot backing to a preserve area, the property offers a tranquil setting with no rear neighbors. The expansive, fully fenced backyard, along with an open lanai and deck, creates the perfect space for outdoor living and entertaining.
Residents enjoy access to a community park featuring picnic areas and play spaces, as well as optional membership to a private boat dock with direct access to Estero Bay.
Ideally located just minutes from Coconut Point Mall, dining, and everyday conveniences, this hidden gem offers both privacy and close proximity to everything Southwest Florida has to offer.
Seller recently cleared portions of the easement area, improving the perceived backyard space; sod installation is needed. Buyers to verify permitted uses and any restrictions.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017