20000 Heatherstone Way 3, Estero, FL 33928
Freshly painted townhouse with lake view and resort-style amenities.
- Added:
- Sep 18, 2024
- Days on Market:
- 660
- Last Refresh:
- Apr 6 at 2:17 am
Property Features for 20000 Heatherstone Way 3
General Information
- Standard status
- Active
- Size
- 1,663 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2004
Listing office Premiere Plus Realty Company (313) 530-8776
Listing date Sep 18, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Premiere Plus Realty Company
HighLights
- Lake view from extended, screened lanai.
- Resort‑style, gated community with pool, playground, fitness center, basketball and tennis courts.
- Open kitchen with quartz countertops, stylish backsplash, and new refrigerator.
- Primary bedroom with walk‑in closet and bathroom with dual sinks, soaking tub, and separate shower.
- Long driveway and plantation shutters.
- Freshly painted.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $23.28 |
| − Vacancy | −$1.6k | −$0.98 |
| EGI | $37.1k | $22.30 |
| − OpEx | −$16.7k | −$10.04 |
| NOI | $20.4k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Estero
- County
- Lee
- State
- Florida
- Longitude
- -81.7938744
- Latitude
- 26.4487986