8461 Southbridge Drive #4
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 |
|---|---|---|---|
| Apr 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 24, 2026 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Mar 5, 2026 | Price Decreased |
$305,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Feb 21, 2026 | Price Decreased |
$309,700
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jan 27, 2026 | Listed by Local Real Estate LLC | $314,700 | |
| Listed by Local Real Estate LLC | |||
| | |||
|
NEW PRICE – MOTIVATED SELLER – A REAL VALUE! Seize this rare opportunity to own this first-floor end unit in THE VINES. This spacious 2-bedroom plus den home is the best-priced unit in the community, offering an immediate move-in or a perfect canvas for your personal touch.
Relax on your expansive L-shaped lanai with peaceful views of the par-3 golf course as players begin their day. The home features an attached garage with dedicated golf cart space and is located just steps away from the neighborhood pool. Residents enjoy an elite, resort-style lifestyle: pickleball, tennis, bocce, 24/7 fitness, and fine dining with a membership at the Estero Country Club. Golf memberships are also available with NO WAITLIST.
Perfectly located just minutes from RSW Airport, I-75, and Gulf beaches. Being sold turnkey—simply unpack and start living the Florida dream today. Act fast before this value-driven opportunity is gone!
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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