2305 Summersweet Drive
About This Property
Exquisite Home in Cascades at River Hall – Premier 55+ Living in Alva, Florida
Welcome to the lifestyle you've been dreaming of! Nestled in the peaceful countryside of Alva, this beautifully maintained 2-bedroom + Den, 2-bath home is located in the highly desirable Cascades at River Hall, a gated, golf-cart-friendly 55+ community just minutes from Fort Myers.
From the moment you walk in, you'll appreciate the soaring ceilings, abundant natural light, tile flooring throughout, and spacious open-concept floor plan designed for comfortable living and effortless entertaining.
This home is loaded with thoughtful upgrades, including:
Roof resealed (2023)
Epoxy-coated garage floor
Sliding garage screen
Herb garden
Stylish LED lighting
Teak shower flooring
Samsung washer (2023)
Rheem water heater (2021)
Air handler (2020)
Mechanical entry awning
PLUS, an Isinwheel electric bike is included!
Live every day like you're on vacation with resort-style amenities featuring:
Heated pool & spa
Pickleball & tennis courts
Bocce ball
Fitness center
Beautiful clubhouse
Scenic walking paths
Conveniently located near golf, shopping, dining, I-75, RSW and PGD airports, and Southwest Florida's world-famous beaches.
Even better, the low HOA fees include lawn care, cable, and internet, making this the perfect low-maintenance Florida lifestyle.
The seller is extremely motivated and ready to make a deal! Don't miss this opportunity to own one of the best values in Cascades at River Hall-with a closing cost credit available for qualified buyers.
Schedule your private showing today before this one is gone!
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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 |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$282,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$285,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| May 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 30, 2026 | Listed by RE/MAX Gulf Coast Living | $299,000 | |
| Listed by RE/MAX Gulf Coast Living | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017