3522 Malagrotta Circle
About This Property
Sellers loss is your gain! Due to moving, house MUST SELL!
Welcome to this stunning 5-bedroom, 3.5-bath home nestled in the desirable gated community of Bella Vida in Cape Coral, FL. Spanning 3,110 soft, this spacious two-story residence is perfect for families and offers plenty of modern updates. Enjoy Florida living with a screened-in lanai featuring a relaxing spa and beautiful rear SW exposure that showcases lake views.
The kitchen is a chef's dream, boasting wood flooring and a large walk in pantry. The owner's suite includes a luxurious walk-in shower, perfect for unwinding after a long day. Situated on a coveted corner lot, this home features a new tile roof (2023), a new AC unit (2021), and a new fence (2021). Best of all, NO FLOOD INSURANCE REQUIRED!
Bella Vida offers a low HOA fee of just $333.00 per month and a host of family-friendly amenities, including a community park, basketball, tennis, and volleyball courts, as well as a a playground, community pool, and tree-lined streets with charming street lights. This move-in-ready home is a fantastic opportunity to enjoy a vibrant community with all the conveniences Cape Coral has to offer including waterfront dining, local beaches (Sanibel or Ft Myers beach) and more.
Call today for your private showing, you won't want to miss this opportunity!
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Price Decreased |
$370,000
↓ $45K
(10.8%) | |
| Price Decreased | |||
| Jan 31, 2025 | Relisted | $415,000 | |
| Relisted | |||
| Jan 27, 2025 | Price Decreased |
$415,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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About Jacaranda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017