39 DECORORE DRIVE
About This Property
Whether you envision a duplex, attractive villa-style residences, or multiple townhome units, this property provides the space and zoning framework to bring your plans to life. Rotonda Lakes is a deed-restricted neighborhood prized for its scenic freshwater lakes, natural surroundings, and relaxed lifestyle. Its appeal to both full-time residents and seasonal homeowners continues to drive interest in this sought-after Southwest Florida community.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$35,000
↓ $5K
(12.5%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by CENTURY 21 SUNBELT REALTY | $40,000 | |
| Listed by CENTURY 21 SUNBELT REALTY | |||
| Mar 13, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017