4120 Lorene Drive #109
About This Property
Breckenridge offers resort style amenities such as bundled golf, 5 swimming pools, a very active tennis club with 8 Har Tru tennis courts, pickle ball, bocce and a recently upgraded clubhouse with much daily activity. This community has a reputation of being friendly and very socially active. Estero is in the heart of Southwest Florida only minutes from the airport, beaches, 3 huge shopping malls, restaurants galore, public library and state park. Short drive to Naples or Fort Myers. WiFi included. You can walk through this home using MATTERPORT virtual tour. Once you open the 3D image, click on the walking icon at the bottom left.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2025
|
2 Bed
|
2 Bath
|
1166 ft²
|
$234,900
2 Bed
2 Bath
1166 ft²
|
$210,000
-10.60%
05/22/2025
|
Allan Hase
RE/MAX Realty Group
| |
|
02/21/2024
|
3 Bed
|
2 Bath
|
1330 ft²
|
$324,900
3 Bed
2 Bath
1330 ft²
|
$290,000
-10.74%
09/25/2024
|
Allan Hase
RE/MAX Realty Group
| |
|
08/02/2022
|
2 Bed
|
2 Bath
|
1289 ft²
|
$300,000
2 Bed
2 Bath
1289 ft²
|
-
-
|
David Russ
John R. Wood Properties
| |
|
12/18/2020
|
2 Bed
|
2 Bath
|
1166 ft²
|
$159,900
2 Bed
2 Bath
1166 ft²
|
-
-
|
-
| |
|
11/27/2019
|
3 Bed
|
3 Bath
|
1782 ft²
|
$259,900
3 Bed
3 Bath
1782 ft²
|
-
-
|
-
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1166 ft²
|
$179,000
2 Bed
2 Bath
1166 ft²
|
-
-
|
-
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017