2360 Outrigger Lane
About This Property
No flooding, no insurance claims, and direct Gulf access make this 4-bedroom, pool home with southern exposure a rare find. Set on one of the community's largest lots (100' x 125', over ¼ acre), this residence offers space, privacy, and upgrades throughout.
A circular driveway accommodates up to 10 cars, while the fully fenced backyard-with custom shadowbox fencing-ensures safety for children and pets. Enjoy your own fruit trees (orange, avocado, grape vines) and a thriving vegetable garden. The resort-style pool and spa feature a cascading waterfall and dual-pump system, all easily managed through the Aqualink control system.
Inside, the home impresses with travertine tile flooring, 5" baseboards, and a bright kitchen with a picture window, custom wood cabinetry, and quartz countertops. The primary suite includes hardwood floors, modern fixtures, dimmable lighting, and a custom closet. Major updates bring peace of mind: impact windows and sliders (2022), roof (2017), plumbing (2012), and electrical panel (2020).
For just $450/year, homeowners can join the Coconut River Estates Civic Association, unlocking incredible amenities:
• Private boat ramp & kayak launch
• Heated community pool
• Dog park
• Pickleball, tennis, basketball & shuffleboard courts
• Playground & pavilion for gatherings
• Optional on-site boat storage at a nominal fee
All of this, just 5 minutes to shopping and dining, 10 minutes to the beach, and within three of Collier County's top-rated schools.
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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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jul 20, 2025 | Price Decreased |
$849,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Jun 21, 2025 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 27, 2025 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017