9650 Ridge Runner Court
About This Property
Located on a secluded, private street...it's perfect for the young family, investment property or retirement home. MOVE RIGHT IN as this home has upgraded finishes including a remodeled kitchen in 2021, Master bath redone in 2023, Guest bath in 2024, new carpet in all bedrooms, Newer AC, Air Handler and duct work in 2019, Water Heater in 2018 and a Metal roof in 2015!
Also New Septic system installed summer of 2023.
Additional features include Crown molding, an oversized Master bedroom, an extended Lanai that is perfect for outdoor entertaining while enjoying peace, quiet and privacy. Also has 1 covered parking space and an outdoor storage shed. The possibilities are endless...Rare to find Cul-de-sac lot with no traffic and located in the center of town. Surrounded by an Old Florida feel, yet close to all of the conveniences of and just a short
drive to FGCU, Hertz Arena, Coconut Point Mall, Miromar Outlet Mall, I-75, & the SWFL Int Airport.
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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 |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$449,500
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed by Realty World J. PAVICH R.E. | $469,500 | |
| Listed by Realty World J. PAVICH R.E. | |||
| May 2, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017