23656 Stonyriver Place
About This Property
Outstanding 18 hole golf course designed by Gordon Lewis, remodeled 15,000 square foot clubhouse, four lighted tennis courts, three bocce courts a beautifully designed community clubhouse consisting of a Pro Shop, Dining Room/Lounge, fitness facility, and a heated swimming pool/spa with cabana. The Spring Run Golf Club is a planned golf and tennis community in southwest Florida. Located minutes from Coconut point shopping mall with amazing restaurants and short distance to the RSW airport and the white sandy beaches of south west Florida. Private Beach Club Membership is available by joining the commons club at the brooks. Appraisal available upon request
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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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Price Decreased |
$865,000
↓ $60K
(6.5%) | |
| Price Decreased | |||
| Feb 15, 2025 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Feb 2, 2025 | Price Decreased |
$950,000
↓ $45K
(4.5%) | |
| Price Decreased | |||
Property Highlights
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017