Tucked inside the private enclave of Lansing Loop, this freshly
painted lakefront home is move-in ready and waiting for its next
owner. Enjoy sweeping water views from an expansive lanai that
extends your living space outdoors and makes the most of Southwest
Florida's year-round sunshine. Inside, over 2,000 square feet of
thoughtfully designed living space includes two bedrooms plus a
versatile office that easily functions as a third bedroom or den.
The owner's suite is a true retreat, generously sized, with a
massive walk-in closet and a spa-inspired en-suite bath featuring a
Roman soaker tub and separate walk-in shower. The guest suite lives
like a junior master, offering its own walk-in closet and en-suite
bath with walk-in shower, ideal for visitors or multigenerational
living. The kitchen is outfitted with granite counters and an
attractive tile backsplash, and the oversized two-car garage
provides room for vehicles, storage, and hobbies alike. The home's
carpet is ready to be replaced, and the price reflects that, giving
you the chance to choose your own flooring and truly make this home
your own from day one. The Meadows of Estero just completed a full
exterior revitalization, including new paint and new roofs
throughout, meaning you move into a community that's been freshly
refreshed. Residents enjoy a heated swimming pool, fitness center,
billiards room, and an active social calendar. Located west of
US-41 and just south of Corkscrew Road, you're minutes from Coconut
Point, Miromar Outlets, and the beautiful Gulf beaches of Southwest
Florida.
Unit Size
2,011 Ft²
Days on Market
91 days
Land Size
0.32 acres
Price per sqft
$184
Property Type
Condo
Property Taxes
$233
HOA Dues
$2,022
Year Built
-
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Cap Rate Calculator
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100% Occupancy
N/A (extreme outlier)
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.
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