20690 Corkscrew Shores Boulevard
About This Property
The interior and exterior were repainted in 2021, giving the home a fresh, modern look. New Caribbean shutters were added in 2021, along with hurricane-resistant glass in the front door for added security. The kitchen island was repainted in 2023, and a new granite backsplash was installed to complement the space.
In 2024, the master shower received additional cabinetry, enhancing both storage and functionality. The front yard was transformed in 2025, with stone replacing the mulch for a sleek, low-maintenance landscaping upgrade.
Outdoor living is equally impressive, featuring a solar mesh added in 2023 to heat the pool, as well as a recirculating pump for improved circulation. The home is also equipped with roll-down hurricane shutters (2023), landscape lighting (low voltage), and LED can lights throughout the home for both aesthetic appeal and energy efficiency. Additionally, the home is equipped with iAqualink, allowing you to control the pool remotely via an app.
The Corkscrew Shores community offers a 240-acre lake ideal for fishing and kayaking, a grand clubhouse with a resort-style pool, fitness center, pickleball and tennis courts, a fire pit, and walking trails. The home also offers easy access to I-75, Southwest Florida International Airport, dining, and shopping, making it a prime location for convenience and lifestyle. With no CDD fees and low HOA fees, this home is a rare opportunity in Estero's most sought-after community.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$1,249,000
↓ $20K
(1.6%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$1,269,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Feb 22, 2025 | Listed by DomainRealty.com LLC | $1,279,000 | |
| Listed by DomainRealty.com LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017