9230 ESTERO RIVER Circle
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 15, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$690,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Dec 5, 2024 | Listed by William Raveis Real Estate | $700,000 | |
| Listed by William Raveis Real Estate | |||
| | |||
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Priced below market value for a quick sale! DIRECT RIVER ACCESS! NEVER FLOODED! Nestled directly along the serene Estero River, this rare and highly sought-after property offers the perfect blend of tranquility and adventure. With private river access and breathtaking river views, this home is an ideal haven for paddleboarders, kayakers, or anyone who simply wants to unwind and soak in nature’s beauty. The spacious 4-bedroom, split floor plan is designed for maximum comfort and privacy, complemented by a versatile upstairs loft that can be adapted to fit your needs. Recent upgrades include fresh paint, new carpeting, a new microwave, garage door opener, a new tile roof in 2019, and a brand-new AC system with a 10-year manufacturer warranty. This elevated property has never flooded and comes with an aggressively priced transferable flood policy for added peace of mind. Step outside to your personal tropical oasis, complete with a heated saltwater pool, custom landscaping, and a stunning rock waterfall. Lounge on the engineered wood deck while enjoying the picturesque river views or fire up the grill and firepit for the perfect outdoor dining experience. Pick fresh, homegrown avocados from your mature avocado tree, and launch your kayaks and paddleboards right from your backyard, making the most of the private river access. All of this from your ideal central location surrounded by some of Southwest Florida's best shopping, dining, and entertainment options. This exceptional property offers the ultimate in Florida living – don’t miss out on this once-in-a-lifetime opportunity!
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| Aug 22, 2022 | Sold | ||
| Sold | |||
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About Estero
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$5,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017