None · Cape Coral, FL 33993

$279,000

4 bd · 2.0 ba · 1,844 sqft · SingleFamily public records · 38 Days on market

Built 2006 10,018 sqft lot Est $415k · 33% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +14.5/30.0
• DSCR +4.4/10.0
• 1% rule +4.1/10.0
• Schools +4.1/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

!!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

Key facts

• Quiet street
• Functional layout
• Fenced backyard

Tags

• QUIET STREET
• FENCED BACKYARD
• FUNCTIONAL LAYOUT
• SHOPPING DINING SCHOOLS
• ROOF REPLACED

Property features AI

Finance

• Other: Lot is regular, approximately 0.23 acres; Total lot area listed as 2,277 (source: Property Appraiser Office); Zoning: R1; Subdivision/Development: Cape Coral (Subdivision number C3)
• Financial info: Taxes listed (see public records) — tax details available in listing records
• HOA & community: No HOA maintenance or amenities listed; Community type: See remarks

Exterior

• Parking: Auto garage door (attached garage access implied)
• Security: No specific security features listed
• Utilities: Water: assessment unpaid; Sewer: assessment unpaid; Power/heat: central electric; Cooling: air purifier
• Home design: Single-family residential home; Florida-style; Built in 2006; Rear exposure faces west; One story
• Construction: Concrete block construction
• Exterior features: Stucco exterior; Sliding windows; Shingle roof; City view

Interior

• Kitchen: Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms; No master bath
• Heating & cooling: Central electric heat; Air purifier cooling
• Interior features: Walk-in closet; Formal dining area; Florida room; Split bedroom floor plan; Unfurnished
• Laundry & utility: Auto garage door

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $279k.

Deal economics

• At list price, monthly cash flow is $-4 ($-51/yr) — negative.
• To cash-flow at today's rent, offer at most $278k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $255k (8.7% below list).
• Recommended offer: $255k (8.7% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.1% in Cape Coral — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#208 in FL, #3,098 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities B+; Watch: commute F.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gulf Elementary School (math 70% / reading 65%, grade B+, #435 of 2,144 statewide, top 21%, 1,231 students, 38% FRL); Challenger Middle School (math 59% / reading 56%, grade B, #157 of 571 statewide, top 28%, 1,124 students, 50% FRL); Ida S. Baker High School (math 44% / reading 47%, grade D-, #223 of 667 statewide, top 34%, 1,933 students, 39% FRL) — zoned schools average 42% FRL vs 57% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents falling (-5.5%/yr); 2671 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 34% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $254,629 (8.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.96%
• DSCR: 1.04
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $414,900
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2625 NW 9th St	0.24mi	4/3.0	1,918 (+4%)	6mo	$431,000	$225	73
2730 NW 6th St	0.67mi	4/2.0	1,830 (-1%)	6mo	$305,000	$167	63
1154 NW 27th Pl	0.24mi	3/2.0 (-1)	2,030 (+10%)	13mo	$415,000	$204	56
2809 NW 6th Ter	0.57mi	4/2.0	2,006 (+9%)	5mo	$435,000	$217	54
1237 NW 25th Pl	0.37mi	4/3.0	2,009 (+9%)	14mo	$440,000	$219	53
1553 NW 26th Pl	0.73mi	4/2.0	1,800 (-2%)	12mo	$435,000	$242	52
1240 NW 22nd Pl	0.63mi	3/2.0 (-1)	1,993 (+8%)	2mo	$230,000	$115	51
1206 NW 22nd Ave	0.63mi	3/2.0 (-1)	1,993 (+8%)	2mo	$310,000	$156	51
2824 Tropicana Pkwy W	0.47mi	3/2.0 (-1)	1,700 (-8%)	12mo	$413,000	$243	50
1013 NW 32nd Pl	0.73mi	3/2.0 (-1)	1,698 (-8%)	4mo	$429,900	$253	44
1132 NW 21st Ave	0.74mi	3/2.0 (-1)	1,811 (-2%)	20mo	$479,000	$264	41
2426 NW 15th St	0.65mi	3/2.0 (-1)	1,681 (-9%)	16mo	$509,000	$303	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.0%
• Equity multiple: 0.32×
• Total profit: $-52,848
• Equity at exit: $41,600

10-year hold

• IRR: -21.7%
• Equity multiple: 0.04×
• Total profit: $-74,828
• Equity at exit: $24,123

Cash invested: $78,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33993

• Home prices YoY: -14.1%
• Rents YoY: -5.5%
• Active inventory: 2671
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,546 high
• Mortgage (P&I): −$1,463
• Tax from tax record: −$370 /mo · $4,440/yr
• Insurance: −$116
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$535
• Net cashflow: $-4

Break-even live

Break-even rent $2,552

Max offer price $278,255

Occupancy floor 95%

Sensitivity live

Price	-10% $154	-5% $75	+0% $-4	+5% $-83	+10% $-162
Rent	-10% $-205	-5% $-105	+0% $-4	+5% $96	+10% $197
Rate	-1.0pp $136	-0.5pp $67	base $-4	+0.5pp $-77	+1.0pp $-150

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $69,750
• Closing costs: $8,370
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2701 NW 11th St Cape Coral, FL	3.0	2.0	1627	$3,000	$1.84	25d	1	0.02mi
2619 NW 11th St Cape Coral, FL	3.0	2.0	1272	$2,110	$1.66	25d	1	0.03mi
1208 NW 25th Pl Cape Coral, FL	4.0	2.0	1735	$2,200	$1.27	5d	1	0.21mi
1225 NW 26th Pl Cape Coral, FL	4.0	2.0	1993	$1,995	$1.00	25d	1	0.21mi
1119 NW 28th Pl Cape Coral, FL	3.0	3.0	2047	$2,400	$1.17	25d	1	0.25mi
2465 NW 9th St Cape Coral, FL	4.0	3.0	2020	$2,595	$1.28	25d	1	0.27mi
2453 NW 8th Ter Cape Coral, FL	3.0	2.0	1574	$2,200	$1.40	25d	1	0.34mi
2519 NW 7th St Cape Coral, FL	3.0	2.0	2017	$2,296	$1.14	5d	1	0.53mi
1108 NW 21st Pl Cape Coral, FL	3.0	2.0	1666	$2,060	$1.24	25d	1	0.65mi
1243 NW 22nd Ave Cape Coral, FL	3.0	2.0	1274	$2,195	$1.72	16d	1	0.69mi
2710 NW 5th Ter Cape Coral, FL	4.0	2.0	1830	$1,925	$1.05	17d	1	0.75mi
512 NW 25th Ave Cape Coral, FL	3.0	2.0	1702	$2,100	$1.23	13d	1	0.76mi
2022 NW 9th St Cape Coral, FL	3.0	2.0	1303	$1,611	$1.24	15d	1	0.83mi
1221 NW 33rd Ave Cape Coral, FL	3.0	2.0	2035	$3,995	$1.96	17d	1	0.84mi
2014 NW 9th St Cape Coral, FL	4.0	2.0	1828	$2,300	$1.26	25d	1	0.86mi
1129 NW 20th Ave Cape Coral, FL	4.0	2.0	1828	$2,180	$1.19	23d	1	0.89mi
1129 NW 20th Ave Cape Coral, FL	4.0	2.0	1828	$2,200	$1.20	25d	1	0.89mi
1926 NW 15th St Cape Coral, FL	3.0	2.0	1461	$2,100	$1.44	12d	1	0.91mi
1150 NW 19th Pl Cape Coral, FL	4.0	2.0	1833	$1,895	$1.03	3d	1	0.93mi
1101 NW 19th Pl Cape Coral, FL	4.0	2.0	1711	$1,900	$1.11	5d	1	0.93mi
2043 NW 6th Ter Cape Coral, FL	4.0	2.0	1712	$2,999	$1.75	25d	1	0.94mi
1137 NW 19th Ave Cape Coral, FL	4.0	2.0	1771	$2,215	$1.25	15d	1	1.01mi
313 El Dorado Blvd N Cape Coral, FL	3.0	2.0	1500	$2,300	$1.53	25d	1	1.04mi
1840 NW 14th Ter Cape Coral, FL	3.0	2.0	1994	$1,871	$0.94	5d	1	1.04mi
1827 NW 10th St Cape Coral, FL	3.0	2.0	1864	$2,050	$1.10	25d	1	1.05mi
2027 NW 17th St Cape Coral, FL	4.0	2.0	2000	$2,450	$1.23	25d	1	1.06mi
231 NW 26th Ave Cape Coral, FL	3.0	2.0	1479	$2,300	$1.56	25d	1	1.07mi
2837 NW 3rd St Cape Coral, FL	3.0	3.0	1700	$3,500	$2.06	25d	1	1.07mi
2837 NW 3rd St Cape Coral, FL	3.0	3.0	1700	$3,500	$2.06	23d	1	1.07mi
2032 NW 5th St Cape Coral, FL	3.0	2.0	1946	$2,200	$1.13	25d	1	1.12mi
2216 NW 18th Ter Cape Coral, FL	3.0	2.0	1548	$1,816	$1.17	16d	1	1.12mi
1909 NW 6th Ter Cape Coral, FL	3.0	2.0	1828	$1,895	$1.04	5d	1	1.14mi
1909 NW 6th Ter Cape Coral, FL	4.0	2.0	1828	$1,895	$1.04	4d	1	1.14mi
1821 NW 23rd Ave Cape Coral, FL	3.0	2.0	1876	$1,856	$0.99	15d	1	1.16mi
1731 NW 14th St Cape Coral, FL	4.0	2.0	1337	$1,866	$1.40	5d	1	1.19mi
1822 Diplomat Pkwy W Cape Coral, FL	4.0	2.0	1787	$2,145	$1.20	25d	1	1.19mi
128 NW 25th Pl Cape Coral, FL	3.0	2.0	1409	$2,850	$2.02	25d	1	1.20mi
3322 NW 5th Ter Cape Coral, FL	3.0	2.0	1666	$5,000	$3.00	25d	1	1.20mi
1818 Diplomat Pkwy W Cape Coral, FL	4.0	2.0	1787	$2,025	$1.13	25d	1	1.20mi
233 NW 22nd Pl Cape Coral, FL	4.0	3.0	1665	$2,200	$1.32	25d	1	1.22mi

Listing history 39 events

1. 2026-06-22
   days on market $279,000 Active 38 DOM
2. 2026-06-17
   days on market $279,000 Active 34 DOM
3. 2026-06-16
   days on market $279,000 Active 33 DOM
4. 2026-06-15
   price $279,000 Active 32 DOM
5. 2026-06-15
   days on market $299,000 Active 32 DOM
6. 2026-06-13
   days on market $299,000 Active 30 DOM
7. 2026-06-10
   days on market $299,000 Active 27 DOM
8. 2026-06-09
   days on market $299,000 Active 26 DOM
9. 2026-06-08
   days on market $299,000 Active 25 DOM
10. 2026-06-07
    days on market $299,000 Active 24 DOM
11. 2026-06-03
    days on market $299,000 Active 20 DOM
12. 2026-06-02
    days on market $299,000 Active 19 DOM
13. 2026-06-01
    days on market $299,000 Active 18 DOM
14. 2026-05-31
    days on market $299,000 Active 17 DOM
15. 2026-05-14
    listed $299,000 Active
16. 2022-02-25
    soldstatus $360,000 Closed 536-char remark

    Show marketing remark (536 chars)

    !!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

17. 2022-02-25
    soldstatus $360,000

    Show marketing remark (536 chars)

    !!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

18. 2022-01-28
    status Pending 536-char remark

    Show marketing remark (536 chars)

    !!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

19. 2022-01-28
    price $399,000 536-char remark

    Show marketing remark (536 chars)

    !!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

20. 2022-01-13
    listed $420,000 Active 536-char remark

    Show marketing remark (536 chars)

    !!!BUILT 2006, 4 BED, 2 BATH!THIS HIGHLY EFFICIENT FLOOR PLAN MAXIMIZES LIVING AREA! IT IS A MUST SEE!! . NEIGHBORHOOD WITH MANY NEW HOMES! CLOSE TO SHOPPING, RESTAURANTS, PARKS, BOAT RAMPS, ETC . The interior features tray ceilings, 12x24 tile soft closed cabinets with granite counter tops, and stainless steel appliances. Pocket Sliding Glass Doors! Large master bedroom Over sized garage great for storage/work area! This home is super spacious and perfect for a large, or growing family. Fruit trees in the garden are not included

21. 2019-04-30
    soldstatus $190,000
22. 2019-04-25
    soldstatus $189,999 Sold 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

23. 2019-03-07
    status Pending With Contingencies 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

24. 2019-02-12
    price $189,999 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

25. 2019-01-19
    price $195,999 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

26. 2018-12-15
    price $199,999 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

27. 2018-12-08
    price $205,000 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

28. 2018-11-12
    price $212,000 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

29. 2018-10-27
    price $214,900 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

30. 2018-10-16
    listed $230,000 Active 962-char remark

    Show marketing remark (962 chars)

    Seller is motivated! Price reduced, bring us an offer! Come and take a look at this great home in increasingly popular area on NW Cape Coral. Built in 2006, this home offers 1,844 sq ft of living area, 3 bedrooms, formal dining room area that could be easily converted into a den, 2 bathrooms, inside laundry room, 2 car garage and an enclosed screened lanai. This home has a nice floor plan with a foyer, also a nice size master bedroom and a separate tub & shower in the master bath. This lot has a Southern exposure with plenty of room for a pool. This home has a great location in the NW Cape just off Burnt Store Rd. , easy access to all areas in Cape Coral, close to several schools, shopping and restaurants. Great parks are close by, and the public gulf access boat ramps on Burnt Store rd. Also just blocks from Coral Oaks Golf Course to the North and blocks to Royal Tee Golf Course to the South. Make your appointment today to preview this home!

31. 2014-09-18
    price $132,500
32. 2014-09-15
    soldstatus $143,000
33. 2014-07-22
    listed $143,000
34. 2004-10-30
    soldstatus $40,000
35. 2004-10-04
    listed $54,850
36. 2004-07-28
    soldstatus $37,000
37. 2004-03-23
    soldstatus $22,000
38. 2004-02-27
    soldstatus $22,000
39. 2004-01-28
    price $23,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,440 · $370/mo
• Projected year-2 tax: $4,440 · $370/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,555
• − Mortgage interest: −$15,628
• − Property taxes: −$4,440
• − Insurance: −$2,192
• − Repairs & maintenance: −$2,444
• − Management: −$2,444
• − Depreciation: −$8,116
• Taxable loss: −$4,710
• Est. tax savings @ 24.0%: +$1,130
• After-tax cash flow: $1,080/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lee
• NCES district ID: 1201080
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $49,518
• Composite: 41.49/100
• National rank: #3458
• State rank: #42 of 73 in FL

Livability — Cape Coral

• Score: 77/100
• State rank: #208
• US rank: #3098

Category grades

Amenities B+ Commute F Cost of living B Crime B- Employment C+ Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cape Coral, FL
• County: Lee County · 788,662 people
• City population: 217,388
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 35,580
• Household income: $90,577
• Rent vs Own: 12.6% rent · 87.4% own
• Severe rent burden: 286.0

Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 57% Hispanic / Latino 30% Two or more races 21% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 17% Dominican 1%
• Common ancestry: Romanian 2% Hispanic 2% Lithuanian 2%
• Foreign-born: 21% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 24% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Lee

• 2024 margin: Strong R (+28.4) · D 35.5% · R 63.9%
• 2008→2024 swing: -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.34%
• Current HPI: 337.0575
• Rent YoY: ▼ -5.51%
• Metro: Cape Coral-Fort Myers, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1151.0% since first listed

25 events — show timeline

• 2026-05-14 Listed $299,000 NAPLESMLS
• 2022-02-25 Sold (Public Records) $360,000 Public Records
• 2022-02-25 Sold (MLS) $360,000 FORTMLS
• 2022-01-28 Pending — FORTMLS
• 2022-01-28 Price Changed $399,000 FORTMLS
• 2022-01-13 Listed $420,000 FORTMLS
• 2019-04-30 Sold (Public Records) $190,000 Public Records
• 2019-04-25 Sold (MLS) $189,999 FORTMLS
• 2019-03-07 Pending — FORTMLS
• 2019-02-12 Price Changed $189,999 FORTMLS
• 2019-01-19 Price Changed $195,999 FORTMLS
• 2018-12-15 Price Changed $199,999 FORTMLS
• 2018-12-08 Price Changed $205,000 FORTMLS
• 2018-11-12 Price Changed $212,000 FORTMLS
• 2018-10-27 Price Changed $214,900 FORTMLS
• 2018-10-16 Listed $230,000 FORTMLS
• 2014-09-18 Price Changed $132,500 FORTMLS
• 2014-09-15 Sold (MLS) $143,000 FORTMLS
• 2014-07-22 Listed $143,000 FORTMLS
• 2004-10-30 Sold (MLS) $40,000 FORTMLS
• 2004-10-04 Listed $54,850 FORTMLS
• 2004-07-28 Sold (Public Records) $37,000 Public Records
• 2004-03-23 Sold (Public Records) $22,000 Public Records
• 2004-02-27 Sold (MLS) $22,000 FORTMLS
• 2004-01-28 Price Changed $23,900 FORTMLS

Property tax history

+5.5%/yr

Latest (2025): $4,440 · -3.7% YoY. Source: county tax records.