20631 Port Drive
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Premier Sotheby's Int'l Realty | $184,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| Aug 5, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 3, 2026 | Listed by Premier Sotheby's Int'l Realty | $189,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Welcome to Mariners Cove — a true hidden gem in Estero, offering direct access to the Gulf waters and beaches.
This beautifully maintained 2-bedroom, 2-bath home features exquisite tile flooring throughout the main living areas and a designer kitchen equipped with granite countertops, a custom backsplash, and under-cabinet lighting. The primary suite includes a spacious walk-in closet and a private bath with a stand-alone shower, creating a comfortable retreat. Enjoy Florida living year-round in the large screened-in patio, perfect for relaxing or entertaining any time of day. Outside, you’ll find ample parking for your boat, golf cart, or oversized vehicles, along with two separate storage units—ideal for golf clubs, beach gear, and more. Residents of Mariners Cove enjoy access to a fantastic community pool and private boat ramp, setting this neighborhood apart from the rest. Conveniently located near shopping, dining, and all the best of Southwest Florida, Mariners Cove offers the lifestyle you’ve been looking for—and truly deserve.
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| Jul 24, 2018 | Sold | ||
| Sold | |||
| Apr 20, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017