20720 Anchor 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 |
|---|---|---|---|
| Jul 27, 2026 | Listed by Realty Group of SW Florida Inc | $45,000 | |
| Listed by Realty Group of SW Florida Inc | |||
| Sep 16, 2025 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | Price Decreased |
$81,900
↓ $4K
(4.7%) | |
| Price Decreased | |||
| Sep 15, 2024 | Listed by Genesis Realty Team | $85,900 | |
| Listed by Genesis Realty Team | |||
| | |||
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REDUCED FOR A QUICK SALE!!! Quaint, Gulf access, Mariners Cove, manufactured home community is on the Estero River. Lovely, active, 55+ community with boat docks/lifts, boat ramp (ice machine), fish cleaning station, fishing dock, clubhouse and pool overlooking the river, library, common laundry. This corner lot has been cleared and ready for new owner to start their building plans. The property is on the end of the street (corner lot) with only two direct neighbors and overlooks the Estero River, a landscaped area and the pool and just a few steps to the clubhouse, office and library. You can see Mariners Cove Estero website for additional information on the community. One of the nicest lots in the community! Bring your golf carts, party hats and sports team flags and banners! Pancake breakfasts, luau parties poolside, holiday parties, karaoke, dances, cards, shuffleboard, pickleball, golf cart parades. Join in the fun as much or as little as you like!
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| Sep 7, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017