9968 Colonial Walk S
About This Property
Spanning 2,192 square feet, this home features crown molding, granite countertops, and accordion-style hurricane shutters. Step outside to discover a refreshing pool and a caged lanai, offering serene lake views and northern exposure that provides perfect sunlight throughout the day.
The master bedroom and guest suite both have direct access to the lanai, creating a private retreat for relaxation and entertainment. Don't miss this opportunity to own a piece of paradise in Estero. Whether you're enjoying the local amenities or unwinding in your private pool overlooking the lake, this home is designed for the ultimate Florida lifestyle.
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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.
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017