22821 Yellow Button Lane
About This Property
Enjoy direct access to the river and Gulf with community amenities that include a private boat ramp, dock, and gazebo-perfect for boating, fishing, or simply taking in the view. Forget crowded public ramps; here, your boat is always ready for the next adventure. Additionally, this lot is eligible for a private dock or boathouse to be built, with HOA approval. Dock your boat in your back yard! Ideally situated East of Fort Myers and Interstate 75, Caloosa Preserve offers quick access to local shopping and dining, the Caloosahatchee Regional Park, Hickory Creek Wildlife and Environmental Area and Manatee Park. You will also find optional memberships, including golfing at nearby River Hall Country Club and The Verandah Club. Welcome home!
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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 13, 2026 | Price Decreased |
$174,900
↓ $24K
(12.1%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$199,000
↓ $26K
(11.6%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Nov 22, 2025 | Listed by Douglas Elliman Florida,LLC | $235,000 | |
| Listed by Douglas Elliman Florida,LLC | |||
| Aug 12, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017