8581 Via Garibaldi Circle #208
About This Property
With a ""WESTERN EXPOSURE, Capture a DAILY BREATH-TAKING SUNSET and a PANORAMIC VIEW of the LAKE and LIT FOUNTAINS"" in the Vibrant Heart of Estero: Rapallo at Coconut Point. From the Moment You Enter this Gated, Maintenance-Free Community You're Surrounded by the Beauty of the Italian Mediterranean and Exclusive Resort-Lifestyle Amenities which include: Clubhouse w/ Indoor Seating and Outdoor Cafe, Full Catering Kitchen w/ Bar, Lagoon Pools, Rock Grotto Spa, Sauna, Tennis Center w/ 5 HydroCourts and Stadium Seating, Stocked Lakes, Bocce Courts, Botanical Gardens, State-of-the Art Fitness Center and Olympic Lap Pool. Upscale Shopping, Restaurants, and Entertainment is only a short walk away. Rapallo is minutes from the SW Florida International Airport, Miromar Outlet Mall, Gulf Coast Town Center and the White Sandy Beaches. What a "WOW"!!!
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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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$420,000
↓ $30K
(6.7%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Realty World J. PAVICH R.E. | $450,000 | |
| Listed by Realty World J. PAVICH R.E. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/01/2026
|
3 Bed
|
2 Bath
|
1436 ft²
|
$388,888
3 Bed
2 Bath
1436 ft²
|
$340,000
-12.57%
06/22/2026
|
Joni Pavich
Realty World J. PAVICH R.E.
| |
|
03/05/2025
|
3 Bed
|
2 Bath
|
1436 ft²
|
$450,000
3 Bed
2 Bath
1436 ft²
|
$415,000
-7.78%
05/01/2025
|
Joni Pavich
Realty World J. PAVICH R.E.
| |
|
03/21/2023
|
2 Bed
|
2 Bath
|
1346 ft²
|
$418,000
2 Bed
2 Bath
1346 ft²
|
-
-
|
Kathleen Felszer
Downing-Frye Realty Inc
| |
|
04/08/2022
|
2 Bed
|
2 Bath
|
1238 ft²
|
$369,900
2 Bed
2 Bath
1238 ft²
|
-
-
|
Kim Menkhorst
Premiere Plus Realty Co.
| |
|
01/08/2019
|
2 Bed
|
2 Bath
|
1238 ft²
|
$279,000
2 Bed
2 Bath
1238 ft²
|
-
-
|
-
| |
|
07/31/2017
| |
2 Bed
|
2 Bath
|
1342 ft²
|
-
2 Bed
2 Bath
1342 ft²
|
-
-
|
-
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017