9040 Spring Run Boulevard #404
About This Property
With 1,209 sq. ft. under air (plus the extended lanai living area), the home feels spacious and bright. The floor plan features seamless tile flooring in main areas and warm wood laminate in the bedrooms-no carpet here! The updated kitchen is the heart of the home, boasting granite countertop and updated lighting.
As a resident of Spring Run, you enjoy an unbeatable Bundled Golf Membership included with your purchase. The newly renovated clubhouse offers fine and casual dining, a resort-style pool, fitness center, bocce, and clay tennis courts. Beach Club available as well! Ideally located just minutes from Coconut Point Mall and SWFL International Airport. Optional private beach club membership is available via The Commons Club. Move right in and enjoy the worry-free Florida lifestyle!
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Local Real Estate LLC | $315,000 | |
| Listed by Local Real Estate LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2026
|
2 Bed
|
2 Bath
|
1209 ft²
|
$315,000
2 Bed
2 Bath
1209 ft²
|
$285,000
-9.52%
04/23/2026
|
Justin Jordan
Local Real Estate LLC
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017