BEAUTIFUL Fountain Lakes Custom Home is in the heart of Estero,
across from Coconut Point Mall. Estero is becoming a DESTINATION
with the upcoming WOODFIELD ESTERO on Coconut and 41 (to be similar
to Naples MERCADO) and the new Entertainment and SPORTS CENTER
HIGH FIVE, BOTH 1/4 MILE FROM this sought-after neighborhood!
This Fountain Lakes home is not in a flood zone (14.5 Ft above sea
level), with $380.00 per quarter assn fees that includes 9 hole par
golf, pickleball, community pool and much more!! This 3-bedroom,
2-bath home provides 2,047 square feet (3100 sq ft total) of
comfortable living, offering the perfect balance of space and easy
maintenance. Some of the features include Soaring Ceilings, Impact
glass 8 ft sliders, WHOLE HOUSE GENERATOR, oversized garage (672 sq
ft), the spacious primary suite is designed for comfort and
accessibility, featuring a walk-in closet, a separate soaking tub,
and a walk-in shower and much more. A wonderful calendar of social
and neighborhood activities, dining, shopping, and entertainment, a
short drive to Southwest Florida's beautiful Gulf beaches, and
close to Southwest Florida International Airport. PRIDE OF
OWNERSHIPSHINES THROUGHOUT THIS IMPECCABLY KEPT HOME!
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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