20961 Napa Loop
About This Property
Step outside through the sliding glass doors onto an oversized, screened in, covered lanai and patio, where you can slip into the soothing waters of the heated saltwater pool, soak in the hot tub, or relax on the large sun shelf as a breathtaking sunset shimmers across the water, while Florida wildlife grace the endless preserved landscape.
Every detail of this well-cared-for home has been thoughtfully considered. Additional features enhance this exceptional property: a three-car garage with AC and dehumidification, added storage with wall and ceiling-mounted racks, custom lighting throughout, impact-resistant windows and generator for extra peace of mind. As evening falls, landscape lighting transforms the property into a magical oasis. Verdana Village features a unique Amenity Center including resort-style pool and spa, restaurant, cafe, fitness center, indoor/outdoor pickleball courts, tennis courts, indoor basketball court and much more. Conveniently located to I-75 and RSW Airport, FGCU, Restaurants, Shopping, a two-story grocery store and a short drive to some of Florida's most beautiful beaches.
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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 10, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Price Decreased |
$799,000
↓ $26K
(3.1%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed by Coldwell Banker Realty | $824,900 | |
| Listed by Coldwell Banker Realty | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017