23140 Grassy Pine Drive
About This Property
As you enter, You'll be Greeted by an Inviting Open Floor Plan that seamlessly blends Style and Functionality. The Abundant Natural Light Enhances the Spaciousness of the Living Areas, Creating a Warm and Welcoming Atmosphere. The Well-Appointed Kitchen flows Effortlessly into the Dining and Living areas, making it Perfect for Entertaining Family and Friends.
Step Outside to Enjoy a Breathtaking Lake View from your Private Extended Lanai, where you can Unwind, Relax and Soak Up the Serene Surroundings. The 2 Bedrooms provide a Comfortable Retreat, while the Den offers the flexibility to serve as an Office, Guest Suite, or Play Area. List of Recent Enhancements:
Exterior: *Bricked Entire Entry Alcove *Added Brick Patio and Plant Strip Outside of Lanai *Buried Two Drainspouts *Installed Whole House Surge Protector *New A/C Unit (7/2024) *Villas II Updated Signage, Exterior Lighting, and Paint (2023-2024) Interior: *Replaced Carpeting with Laminate Plank Flooring (8/2024) *New Washer and Dryer (12/2024) *Additional Insulation added in the Attic*
Experience the Ideal Blend of Comfort and Convenience in one of Estero's Prime Locations, with Shopping, Dining, Recreational Opportunities and the White Sandy Beaches just moments away. Don't miss this Opportunity to Own a Piece of Paradise! Schedule your Private Showing Today!!!!
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/16/2025
| |
2 Bed
|
2 Bath
|
1755 ft²
|
$374,900
2 Bed
2 Bath
1755 ft²
|
$355,000
-5.31%
10/15/2025
|
Joni Pavich
Realty World J. PAVICH R.E.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017