9279 Oak Strand Drive
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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Realty World J. PAVICH R.E. | $949,900 | |
| Listed by Realty World J. PAVICH R.E. | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Price Decreased |
$940,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Jan 31, 2026 | Price Decreased |
$970,000
↓ $30K
(3%) | |
| Price Decreased | |||
| Sep 26, 2025 | Listed by John R Wood Properties | $1,000,000 | |
| Listed by John R Wood Properties | |||
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Newly painted and carpeted, this popular Kingfisher model is nestled within the highly coveted Oak Strand neighborhood. Being in the center of the community, your lanai is quietly serene. The lanai was enlarged and features a large pool and shellstone decking; the extraordinary lake and forest view's Southern exposure gives you sun all day long during season. 2020 roof and updated kitchen appliances. AC, water heater, pool heater and pool pump replaced in 2020. Natural gas available. Fiber to the home provides lightning fast internet and television. Member owned Shadow Wood Country Club offers 54 holes of championship golf, 2 club houses, 9 Har Tru tennis courts, bocce, outdoor fire pits, access to a private beach club, fitness center, full-service spa, pickle ball, and private restaurant. New Lifestyle Amenity Center will add 2 resort style pools with zero-depth entry, lap lanes and dedicated kids pool, poolside restaurant & bar, 6 indoor pickleball courts, new racquet pro shop and a grab & go cafe. Great location close to shopping, airport, beaches and much, much more.
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017