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Map
423 Windermere Drive
About This Property
This well-maintained 4-bedroom, 2-bathroom home offers 1,757 square feet of comfortable living space with a layout that actually works. From the moment you walk in, you'll notice the clean, easy-care tile flooring that runs throughout the entire home - no carpet to worry about, just a bright, cohesive feel from room to room.
The open floor plan keeps the kitchen connected to the main living areas, making it easy to entertain or simply keep an eye on the household. The primary suite is generously sized and thoughtfully separated from the three additional bedrooms, giving everyone their own space and privacy.
Step outside and you'll find a fully fenced backyard that offers privacy, security for pets or little ones, and plenty of room to enjoy the Florida outdoors on your own terms.
And here's the standout for any savvy buyer: a brand new roof installed in 2025. In Southwest Florida, that means peace of mind, insurance savings, and years of protection already handled for you.
The attached 2-car garage rounds out the package with ample room for vehicles and storage. No HOA means no added restrictions - and with quick access to I-75, RSW International Airport, shopping, dining, and the Gulf Coast beaches just a short drive away, the location speaks for itself.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 19, 2026 | Listed by Knowledge Base Real Estate | $289,900 | |
| Listed by Knowledge Base Real Estate | |||
| Jan 6, 2026 | Price Decreased |
$310,500
↓ $10K
(3.1%) | |
| Price Decreased | |||
Property Highlights
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About Richmond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017