23740 Eddystone Road #4103
About This Property
From the moment you enter, you'll be impressed by the large-format porcelain tile and luxury wood-style vinyl flooring throughout. The open-concept layout features a beautiful kitchen with custom built-ins, added cabinetry, roll-out trays, and expanded workspace-all topped with premium-level granite.
The lakeside lanai has been transformed into a sunroom with impact-resistant doors, offering serene views of the lake and fountain. All windows have been upgraded to impact glass for peace of mind and energy efficiency.
The spacious owner's suite includes thoughtfully designed custom closets that maximize storage. The en-suite bathroom boasts dual sinks, upgraded cabinetry, and ample space for all your essentials. Premium lighting and fixtures throughout the home elevate the style, while the turnkey furnishings make moving in effortless. Lighthouse Bay offers a gated, resort-style lifestyle with five pools (including a lap pool), 2.5 miles of scenic walking and jogging paths, tennis courts with a pro, bocce, pickleball, two boat houses, fitness center, sauna, clubhouse, library, and an arts and learning center. Ideally located in the Village of Estero, this home is less than a mile from top-tier shopping and dining. It includes a Bronze Membership to The Brooks Commons Club, offering access to a private restaurant, enrichment programs, social events, pickleball, and more. You're just minutes from Coconut Point Mall, fine dining, entertainment, Southwest Florida International Airport, and the area's beautiful Gulf beaches-making this condo the perfect place to enjoy everything Southwest Florida has to offer.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2025
|
2 Bed
|
2 Bath
|
1406 ft²
|
$357,500
2 Bed
2 Bath
1406 ft²
|
$325,000
-9.09%
12/18/2025
|
Catherine Brunsell
VIP Realty Group Inc
| |
|
08/22/2025
|
2 Bed
|
2 Bath
|
1404 ft²
|
$385,000
2 Bed
2 Bath
1404 ft²
|
$367,500
-4.55%
11/14/2025
|
John Nimmo
Premier Sotheby's Int'l Realty
| |
|
02/06/2025
|
2 Bed
|
2 Bath
|
1404 ft²
|
$429,000
2 Bed
2 Bath
1404 ft²
|
-
-
|
John Nimmo
Premier Sotheby's Int'l Realty
| |
|
03/05/2003
|
2 Bed
|
2 Bath
|
1392 ft²
|
$176,000
2 Bed
2 Bath
1392 ft²
|
$176,000
06/16/2003
|
Deborah Adams-Bateman
Downing Frye Realty Inc.
| |
|
10/10/2002
|
2 Bed
|
2 Bath
|
1278 ft²
|
$169,000
2 Bed
2 Bath
1278 ft²
|
$169,000
02/24/2003
|
Martha Payne
Ruby Realty & Referral Co Inc
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017