8461 Southbridge Drive #3
About This Property
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Oct 16, 2024 | Listed by Douglas Elliman Florida,LLC | $425,000 | |
| Listed by Douglas Elliman Florida,LLC | |||
| | |||
|
Discover the epitome of refined living at ESTERO COUNTRY CLUB, recently named one of the top 5 clubhouses in the U.S.! This meticulously maintained, second-floor condominium offers over 1,800 sq. ft. of light and bright living space. Featuring two spacious bedrooms, a versatile den (ideal for an open loft), and two FULLY REMODELED bathrooms, this residence has been upgraded to perfection. Notable features include: NEW IMPACT-RESISTANT WINDOWS, Towel Warmers/Dryers in Master bath, Toto Toilets, High efficiency Lennox A/C system with Wifi Thermostat, Garage Door with Wifi control, sound damping insulation in bathroom walls, SS Kitchen Appliances, including Miele vent and dishwasher. Volume ceilings create a light, airy atmosphere filled with natural sunlight. Step onto the expansive screened lanai, where breathtaking views of the championship golf course await, complete with the convenience of ELECTRIC roll-down storm SHUTTERS for added protection. The attached 1-car garage + dedicated golf cart stall enhance the appeal of this low-maintenance lifestyle, with HOA fees covering exterior upkeep, cable, internet, and water! Enjoy access to Estero Country Club’s recently renovated clubhouse, fitness center, pickleball, tennis, bocce, and an 18-hole golf course. GOLF memberships are available with NO WAITLIST for residents (Golf optional, not required). Located west of I-75 you're just moments away from 41, Coconut Point Mall, FGCU, RSW Airport, Hertz Arena, and the pristine Gulf beaches. Escape the cold winters and immerse yourself in the sunshine of Southwest Florida!
| |||
| Sep 14, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2026
|
2 Bed
|
2 Bath
|
1589 ft²
|
$314,700
2 Bed
2 Bath
1589 ft²
|
-
-
|
Beth Wardlaw
Local Real Estate LLC
| |
|
01/20/2025
|
2 Bed
|
2 Bath
|
1711 ft²
|
$389,900
2 Bed
2 Bath
1711 ft²
|
-
-
|
Libby Fekette
Royal Shell Real Estate, Inc
| |
|
05/07/2024
|
2 Bed
|
2 Bath
|
1805 ft²
|
$445,000
2 Bed
2 Bath
1805 ft²
|
-
-
|
Brittany Skotak
Downing Frye Realty Inc.
| |
|
04/19/2024
|
2 Bed
|
2 Bath
|
1711 ft²
|
$399,900
2 Bed
2 Bath
1711 ft²
|
-
-
|
Beth Wardlaw
Local Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017