3620 Lansing Loop #202
About This Property
The masterfully redesigned kitchen is a true highlight, featuring custom pull-outs, an induction range, a thoughtfully crafted pantry door, an extended cabinet layout for enhanced storage, premium KitchenAid appliances, and a built-in wine fridge. Additional upgrades include impact-glass windows with hurricane roll-downs, substantial crown moldings, plantation shutters, wrought iron stair rails, 5 ¼" baseboards, and a private elevator. The Maytag washer and dryer, replaced in 2024, add convenience, while recent community updates - including brand-new roofs and fresh exterior paint - ensure lasting quality.
The Meadows of Estero is situated west of US-41, outside of any flood zone, and features resort-style amenities, including a pool, fitness center, billiards, and community gathering spaces. The craftsmanship, upgrades, and attention to detail in this home must be seen to be truly appreciated. Select furnishings may be available separately or included with an acceptable offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$550,000
↓ $19K
(3.3%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by Compass Florida, LLC | $568,500 | |
| Listed by Compass Florida, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2025
|
3 Bed
|
2 Bath
|
2878 ft²
|
$568,500
3 Bed
2 Bath
2878 ft²
|
$500,000
-12.05%
03/31/2026
|
Zachary Rosen
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017