20762 Fair Oak Lane
About This Property
the great room with natural light and provide serene views of the private lanai and backyard. The
large master bedroom includes a tray ceiling, walk-in closets, and a spa-like en-suite bath with dual
vanities, a soaking tub, and a separate shower. Step outside to your covered, screened lanai –
perfect for enjoying the Florida lifestyle, whether you're relaxing or entertaining. From engineered
hardwood flooring to chefs kitchen, every detail has been thoughtfully considered in this home.
Rivercreek offers a gated, secure environment with resort-style amenities including a clubhouse,
pool, fitness center, and more. Ideally located near shopping, dining, and entertainment, plus easy
access to I-75, SWFL International Airport, and pristine Gulf Coast beaches. *Photos are of the model home and not the actual home.
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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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$899,900
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by John R Wood Properties | $939,900 | |
| Listed by John R Wood Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017