$294,900
●
Condo -
Off Market
4111 Lorene Drive Drive #302
Estero, FL 33928
2 Beds
2 Baths
968 Ft²
$1,986
Est. Monthly
$384
HOA / Fees
7.82%
Cap Rate
About This Property
Lovely 2 BR,2 Bath Condo being sold turnkey. Overlooks
Swimming pool,lake and golf course. Enclosed lanai adds space to
this immaculate unit. Enjoy 18 hole par 3 gulf
course,bocce,tennis,shufflboard,pickleball,5 swimming pools,
clubhouse with full kitchen,excercise room,library, card
room,lanai,ping pong and many activities at Brecenridge. Close to
shopping,restaurants,beaches and airport. A true piece of paradise
with so many ammenties.
Unit Size
968 Ft²
Days on Market
-
Land Size
-
Price per sqft
$305
Property Type
Condo
Property Taxes
$154
HOA Dues
$384
Year Built
-
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Cap Rate Calculator
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Cap Rate
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago ( #223018976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2023 | Listed by Berkshire Hathaway FL Realty | $294,900 | |
| Listed by Berkshire Hathaway FL Realty | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Carport
Parking Features: Assigned, Driveway, Paved, Detached Carport, Electric Vehicle Charging Station(s), OneSpace
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet, LivingDiningRoom, ShowerOnly, SeparateShower, CableTv, SplitBedrooms
Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Inside
Exterior Details
Has Property Attached
Square Footage: 968
Square Footage Source: $0
Security Features: Security Gate, Gated Community, Key Card Entry, Fenced
Property Condition: Resale
Architectural Style: Ranch, OneStory, LowRise
Year Built: 1996
Waterfront Features: None
Building Area Total: 1086
Window Features: SingleHung
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Glass Enclosed, Porch
Lot Features: On Golf Course, SprinklersManual
Lot Size Units: Acres
Water Source: Public, AssessmentPaid
Financial Details
Tax Annual Amount: $1,843
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : AssessmentPaid
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Internet, Maintenance Grounds, Pest Control, Sewer, Water, AssociationManagement, Golf, IrrigationWater, LegalAccounting, RecreationFacilities, RoadMaintenance, StreetLights
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Fitness Center, Golf Course, Barbecue, Picnic Area, Playground, RV/Boat Storage, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Management, BocceCourt, Library, Pickleball, PuttingGreens, Sidewalks, VehicleWashArea
Condo/Coop Fee: $384
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2024
|
2 Bed
|
2 Bath
|
978 ft²
|
$279,000
2 Bed
2 Bath
978 ft²
|
$266,000
-4.66%
07/19/2024
|
Destiny L Bockholt
Premier Sotheby's Int'l Realty
| |
|
03/09/2024
|
2 Bed
|
2 Bath
|
968 ft²
|
$299,900
2 Bed
2 Bath
968 ft²
|
-
-
|
Chef Todd Guller
Dalton Wade, Inc.
| |
|
06/26/2023
|
2 Bed
|
2 Bath
|
1210 ft²
|
$309,900
2 Bed
2 Bath
1210 ft²
|
-
-
|
Susan M Smith
Berkshire Hathaway FL Realty
| |
|
05/11/2023
|
2 Bed
|
2 Bath
|
968 ft²
|
$272,900
2 Bed
2 Bath
968 ft²
|
-
-
|
Susan M Smith
Berkshire Hathaway FL Realty
| |
|
03/13/2023
|
2 Bed
|
2 Bath
|
968 ft²
|
$294,900
2 Bed
2 Bath
968 ft²
|
-
-
|
Susan M Smith
Berkshire Hathaway FL Realty
| |
|
06/26/2022
|
2 Bed
|
2 Bath
|
968 ft²
|
$249,900
2 Bed
2 Bath
968 ft²
|
-
-
|
Troy De Mond
Royal Shell Real Estate, Inc
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
968 ft²
|
$179,000
2 Bed
2 Bath
968 ft²
|
-
-
|
-
| |
|
02/12/2021
|
2 Bed
|
2 Bath
|
967 ft²
|
$164,900
2 Bed
2 Bath
967 ft²
|
-
-
|
-
| |
|
10/25/2018
|
2 Bed
|
2 Bath
|
968 ft²
|
$169,900
2 Bed
2 Bath
968 ft²
|
-
-
|
-
|
Building Info
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