1519 Lake Jessup Cir · Cape Coral, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +7.4/30.0
- Schools +4.7/10.0
- 1% rule +4.5/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- DSCR +1.5/10.0
- Rent growth +1.1/5.0
- Appreciation +0.0/10.0
$224,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Alder is a beautiful brand new 3 bed, 2 bath, 1 and a half car garage townhome by Centex in the established highly desired Coral Lakes Community. This home boast Quartz countertops and white cabinetry throughout the home. 18x18 ceramic tile downstairs and in the wet areas upstairs. This split bedroom floor plan offers spacious bedrooms with walk-in closets, tiled showers and a dual sink vanity in the owner's suite and Hurricane zone rated windows. Stainless Steel Whirlpool kitchen appliances plus washer & dryer. This home comes equipped with a covered Lanai perfect for those beautiful Florida skies! Steps away from pool #1 makes it convenient for some R & R. There is an additional pool, volleyball, fitness center, playground, tennis and more! Hurry up, you don't want to miss this opportunity!
Key facts
- Gated community
- Pickleball courts
- Sand volleyball
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath townhouse listed at $224k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-290 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $173k (22.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (4.7% below list).
- Recommended offer: $173k (22.9% below list) — sets the bar for cash-flow.
- Cap rate 4.7% 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: Diplomat Elementary School (math 67% / reading 60%, grade B, #564 of 2,144 statewide, top 27%, 1,069 students, 56% FRL); Mariner Middle School (math 50% / reading 47%, grade C-, #274 of 571 statewide, top 50%, 1,001 students, 53% FRL); Ida S. Baker High School (math 44% / reading 47%, grade D-, #223 of 667 statewide, top 34%, 1,933 students, 39% FRL).
- Market conditions: Rents falling (-5.6%/yr); 2097 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 77d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- This rent runs 35% of the median local income ($73k/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 $7k 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 75 days — a 6% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 3y ago; this cycle's ask is 12008% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 75 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.95% ✗
- Cap rate
- 4.74%
- Cash-on-cash
- -5.55%
- DSCR
- 0.75
- GRM
- 8.7
CMA / ARV
- ARV (median comp)
- $272,495
- List price
- $224,000
- Delta
- -17.80%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1563 Lake Jessup Cir | 0.08mi | 3/2.5 | 1,816 (-1%) | 1mo | $245,000 | $135 | 92 |
| 1565 Lake Jessup Cir | 0.09mi | 3/2.5 | 1,816 (-1%) | 1mo | $247,000 | $136 | 92 |
| 1694 Lake Jessup Cir | 0.11mi | 3/2.5 | 1,816 (-1%) | 2mo | $243,990 | $134 | 90 |
| 1520 Fells Cove Ln | 0.02mi | 3/2.5 | 1,816 (-1%) | 13mo | $249,990 | $138 | 85 |
| 1605 Lake Jessup Cir | 0.13mi | 3/2.5 | 1,816 (-1%) | 8mo | $275,000 | $151 | 84 |
| 1665 Lake Jessup Cir | 0.10mi | 3/2.5 | 1,816 (-1%) | 13mo | $255,000 | $140 | 81 |
| 1666 Lake Jessup Cir | 0.12mi | 3/2.5 | 1,816 (-1%) | 14mo | $255,000 | $140 | 79 |
| 1690 Lake Jessup Cir | 0.11mi | 3/2.5 | 1,657 (-10%) | 2mo | $269,990 | $163 | 76 |
| 1483 Weeping Willow Ct | 0.11mi | 3/2.5 | 1,636 (-11%) | 14mo | $259,990 | $159 | 63 |
| 1475 Weeping Willow Ct | 0.09mi | 3/2.5 | 1,636 (-11%) | 18mo | $259,990 | $159 | 61 |
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
- IRR
- -30.2%
- Equity multiple
- 0.03×
- Total profit
- $-60,720
- Equity at exit
- $33,399
- IRR
- -60.1%
- Equity multiple
- -0.59×
- Total profit
- $-99,617
- Equity at exit
- $19,367
Cash invested: $62,720 (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
Active competition Active MLS
- For sale now
- 15 active · 21 under contract
- Months of supply
- 18.0 mo (6%/mo absorbed)
- Median asking
- $270,000 ($167/sqft)
- Median days on market
- 56 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -10.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33909
- Home prices YoY
- -23.1%
- Rents YoY
- -5.6%
- Active inventory
- 2097
- Price-to-rent
- 8.7×
Monthly cashflow live
- Estimated rent
- $2,134 high interval (Pro) →
- Mortgage (P&I)
- −$1,175
- Tax from tax record
- −$367 /mo · $4,398/yr
- Insurance
- −$93
- HOA
- −$341
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$448
- Net cashflow
- $-290
Break-even live
Sensitivity live
| Price | -10% $-163 | -5% $-227 | +0% $-290 | +5% $-353 | +10% $-417 |
|---|---|---|---|---|---|
| Rent | -10% $-458 | -5% $-374 | +0% $-290 | +5% $-206 | +10% $-121 |
| Rate | -1.0pp $-177 | -0.5pp $-233 | base $-290 | +0.5pp $-348 | +1.0pp $-407 |
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
- $56,000
- Closing costs
- $6,720
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1519 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1816 | $1,698 | $0.94 | 63d | 1 | 0.02mi |
| 1519 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1816 | $1,698 | $0.94 | 65d | 1 | 0.02mi |
| 1519 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1816 | $1,795 | $0.99 | 82d | 1 | 0.02mi |
| 1533 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1831 | $1,850 | $1.01 | 9d | 1 | 0.03mi |
| 1527 Fells Cove Ln Unit 1527 Cape Coral, FL | 3.0 | 2.5 | 1679 | $2,500 | $1.49 | 9d | 1 | 0.04mi |
| 1545 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1831 | $2,100 | $1.15 | 9d | 1 | 0.05mi |
| 1545 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1831 | $2,350 | $1.28 | 119d | 1 | 0.05mi |
| 1541 Fells Cove Ln Unit 1541 Cape Coral, FL | 3.0 | 2.5 | 1657 | $2,400 | $1.45 | 109d | 1 | 0.06mi |
| 1541 Fells Cove Ln Unit 1541 Cape Coral, FL | 3.0 | 2.5 | 1657 | $2,400 | $1.45 | 99d | 1 | 0.06mi |
| 1424 Weeping Willow Ct Cape Coral, FL | 3.0 | 2.5 | 1679 | $1,999 | $1.19 | 119d | 1 | 0.08mi |
| 1672 Lake Jessup Cir Cape Coral, FL | 3.0 | 2.5 | 1729 | $2,200 | $1.27 | 106d | 1 | 0.10mi |
| 1338 Weeping Willow Ct Unit 1 Cape Coral, FL | 3.0 | 2.5 | 1458 | $1,750 | $1.20 | 65d | 1 | 0.25mi |
| 3202 NE 14th Pl Cape Coral, FL | 4.0 | 2.0 | 1760 | $1,875 | $1.07 | 71d | 1 | 0.25mi |
| 1302 Weeping Willow Ct Unit 1302 Cape Coral, FL | 2.0 | 2.5 | 1551 | $2,220 | $1.43 | 97d | 1 | 0.26mi |
| 3214 NE 14th Pl Cape Coral, FL | 3.0 | 2.0 | 1286 | $1,900 | $1.48 | 9d | 1 | 0.29mi |
| 3223 NE 14th Ave Cape Coral, FL | 4.0 | 3.0 | 1765 | $2,200 | $1.25 | 119d | 1 | 0.33mi |
| 2531 Sawgrass Lake Ct Cape Coral, FL | 4.0 | 3.0 | 2600 | $2,500 | $0.96 | 93d | 1 | 0.38mi |
| 2531 Sawgrass Lake Ct Cape Coral, FL | 4.0 | 3.0 | 2600 | $2,650 | $1.02 | 111d | 1 | 0.38mi |
| 1609 NE 33rd Ter Cape Coral, FL | 3.0 | 2.0 | 1551 | $1,900 | $1.23 | 9d | 1 | 0.47mi |
| 1124 NE 32nd Ln Cape Coral, FL | 3.0 | 2.0 | 1687 | $1,900 | $1.13 | 4d | 1 | 0.51mi |
| 1511 NE 34th St Cape Coral, FL | 4.0 | 2.0 | 1833 | $1,950 | $1.06 | 77d | 1 | 0.59mi |
| 921 Jacaranda Pkwy E Cape Coral, FL | 4.0 | 3.0 | 2081 | $2,099 | $1.01 | 119d | 1 | 0.68mi |
| 1627 S Gator Cir Cape Coral, FL | 3.0 | 2.0 | 1666 | $2,000 | $1.20 | 77d | 1 | 0.69mi |
| 1627 S Gator Cir Cape Coral, FL | 3.0 | 2.0 | 1666 | $2,000 | $1.20 | 88d | 1 | 0.69mi |
| 3340 NE 19th Ave Cape Coral, FL | 3.0 | 2.0 | 1656 | $2,100 | $1.27 | 9d | 1 | 0.70mi |
| 1724 NE 26th Ter Cape Coral, FL | 4.0 | 2.0 | 1833 | $1,925 | $1.05 | 111d | 1 | 0.72mi |
| 1532 NE 35th St Cape Coral, FL | 4.0 | 2.0 | 1809 | $1,995 | $1.10 | 119d | 1 | 0.74mi |
| 1788 Concordia Lake Cir Cape Coral, FL | 2.0–3.0 | 2.0 | 1329 | $3,800 | $2.86 | 107d | 2 | 0.75mi |
| 1788 Concordia Lake Cir Cape Coral, FL | 2.0–3.0 | 2.0 | 1329 | $3,800 | $2.86 | 74d | 2 | 0.75mi |
| 1800 Concordia Lake Cir #610 Cape Coral, FL | 3.0 | 2.0 | 1680 | $3,300 | $1.96 | 119d | 1 | 0.77mi |
| 1002 NE 33rd Ln Cape Coral, FL | 3.0 | 2.0 | 1975 | $1,961 | $0.99 | 65d | 1 | 0.79mi |
| 1606 NE 35th Ter Cape Coral, FL | 3.0 | 2.0 | 1551 | $1,756 | $1.13 | 4d | 1 | 0.81mi |
| 1015 NE 34th St Cape Coral, FL | 4.0 | 2.0 | 1760 | $1,695 | $0.96 | 9d | 1 | 0.82mi |
| 3511 NE 17th Ave Cape Coral, FL | 4.0 | 2.0 | 1717 | $1,995 | $1.16 | 65d | 1 | 0.85mi |
| 1508 NE 35th Ln Cape Coral, FL | 3.0 | 2.0 | 1656 | $2,080 | $1.26 | 62d | 1 | 0.85mi |
| 3512 NE 17th Pl Cape Coral, FL | 4.0 | 3.0 | 1650 | $1,995 | $1.21 | 98d | 1 | 0.87mi |
| 3512 NE 17th Pl Cape Coral, FL | 4.0 | 3.0 | 1650 | $1,995 | $1.21 | 88d | 1 | 0.87mi |
| 3514 NE 12th Ct Cape Coral, FL | 3.0 | 2.0 | 1408 | $1,900 | $1.35 | 63d | 1 | 0.88mi |
| 3514 NE 12th Ct Cape Coral, FL | 3.0 | 2.0 | 1408 | $1,850 | $1.31 | 9d | 1 | 0.88mi |
| 3445 NE 11th Ave Cape Coral, FL | 3.0 | 2.0 | 1305 | $2,000 | $1.53 | 3d | 1 | 0.90mi |
Property features AI
Finance
- Financial info
- Pets allowed conditionally (maximum 2; breed restrictions apply)
- HOA & community
- Homeowners association with monthly dues (listed amounts)Association fees cover irrigation water, grounds maintenance, pest control and reserve fundCommunity is gatedCommunity amenities include clubhouse, fitness center, management, pool and spa, tennis and pickleball courts, basketball and sport courts, playground, billiards, business center and sidewalks
Exterior
- Parking
- Attached garage with one covered spaceDriveway parkingPaved parkingGarage door openerTwo parking spaces total
- Security
- Security/high-impact doorsSmoke detector(s)
- Utilities
- Public waterPublic sewerCable availableHigh-speed internet availableUnderground utilities
- Home design
- 2-story propertyTile roofBlock, concrete and stucco constructionEntry on level 1Property faces southResale condition
- Construction
- Built with block, concrete and stuccoTile roof
- Exterior features
- Patio and open porchSprinkler/irrigation system (automatic)Security/high-impact doorsSmoke detectorsCommunity pool
Interior
- Kitchen
- DishwasherFreezerDisposalMicrowaveRangeRefrigeratorPantry
- Bedrooms
- Primary bedroom located on the upper level
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathrooms1 half bathroom
- Heating & cooling
- Central electric heatingCentral air conditioning (electric)
- Interior features
- Impact glass and single-hung and sliding windows with window coveringsEntrance foyerLiving/dining roomPantryDual sinksSeparate shower (shower only)Upper-level primary bedroomWalk-in closetsWindow treatmentsSplit bedroom layoutCable TV
- Laundry & utility
- Washer and dryer includedWasher and dryer hookups inside
HOA detail $341/mo · $4,092/yr
- Likely covers
- poolgym
Listing history 50 events
-
2026-09-24days on market $224,000 Active 75 DOM
-
2026-09-23days on market $224,000 Active 74 DOM
-
2026-09-22days on market $224,000 Active 73 DOM
-
2026-09-21days on market $224,000 Active 72 DOM
-
2026-09-18days on market $224,000 Active 69 DOM
-
2026-09-17days on market $224,000 Active 68 DOM
-
2026-09-16days on market $224,000 Active 67 DOM
-
2026-09-14days on market $224,000 Active 65 DOM
-
2026-09-13days on market $224,000 Active 64 DOM
-
2026-09-12days on market $224,000 Active 63 DOM
-
2026-09-11days on market $224,000 Active 62 DOM
-
2026-09-05days on market $224,000 Active 56 DOM
-
2026-09-04days on market $224,000 Active 55 DOM
-
2026-09-03days on market $224,000 Active 54 DOM
-
2026-08-31days on market $224,000 Active 51 DOM
-
2026-08-28days on market $224,000 Active 48 DOM
-
2026-08-27days on market $224,000 Active 47 DOM
-
2026-08-26days on market $224,000 Active 46 DOM
-
2026-08-25days on market $224,000 Active 45 DOM
-
2026-08-24days on market $224,000 Active 44 DOM
-
2026-08-23days on market $224,000 Active 43 DOM
-
2026-08-22days on market $224,000 Active 42 DOM
-
2026-08-21days on market $224,000 Active 41 DOM
-
2026-08-20days on market $224,000 Active 40 DOM
-
2026-08-19days on market $224,000 Active 39 DOM
-
2026-08-18price $224,000 Active 38 DOM
-
2026-08-18days on market $229,000 Active 38 DOM
-
2026-08-16days on market $229,000 Active 36 DOM
-
2026-08-15pricedays on market $229,000 Active 35 DOM
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2026-08-13days on market $232,500 Active 33 DOM
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2026-08-12days on market $232,500 Active 32 DOM
-
2026-08-11days on market $232,500 Active 31 DOM
-
2026-08-10days on market $232,500 Active 30 DOM
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2026-08-09days on market $232,500 Active 29 DOM
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2026-08-08days on market $232,500 Active 28 DOM
-
2026-08-07days on market $232,500 Active 27 DOM
-
2026-08-06days on market $232,500 Active 26 DOM
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2026-08-05days on market $232,500 Active 25 DOM
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2026-08-04pricedays on market $232,500 Active 24 DOM
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2026-06-22days on market $238,900 Active 23 DOM
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2026-06-18days on market $238,900 Active 20 DOM
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2026-06-17days on market $238,900 Active 19 DOM
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2026-06-16days on market $238,900 Active 18 DOM
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2026-06-15days on market $238,900 Active 17 DOM
-
2026-06-13days on market $238,900 Active 15 DOM
-
2026-06-10days on market $238,900 Active 12 DOM
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2026-06-09days on market $238,900 Active 11 DOM
-
2026-06-08days on market $238,900 Active 10 DOM
-
2026-06-07pricedays on market $238,900 Active 9 DOM
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2026-06-03days on market $244,999 Active 5 DOM
ⓘ 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
- $4,398 · $367/mo
- Projected year-2 tax
- $4,398 · $367/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,604
- − Mortgage interest
- −$12,547
- − Property taxes
- −$4,398
- − Insurance
- −$1,120
- − Repairs & maintenance
- −$2,048
- − Management
- −$2,048
- − HOA
- −$4,092
- − Depreciation
- −$6,516
- Taxable loss
- −$7,166
- Est. tax savings @ 24.0%
- +$1,720
- After-tax cash flow
- $-1,759/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.
Condition & rehab AI · 12 photos
This nearly-new townhome in Coral Lakes is in excellent condition with minimal repairs needed. It offers a good return on investment with updates that can significantly increase its value.
Value-add opportunities
- Both Paint exterior siding — Enhances curb appeal and value ↑
- Both Replace carpet with tile in bedrooms — Improves durability and appearance ↑
- Both Install smart home automation — Enhances convenience and marketability ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cape Coral, FL
- County
- Lee County · 871,946 people
- City population
- 217,388
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 40,231
- Household income
- $73,053
- Rent vs Own
- Severe rent burden
- 15% of renters
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 0.55)
- Race & ethnicity
- White 56% Hispanic / Latino 36% Two or more races 24% Black 3% Asian 1%
- Hispanic origin (detail)
- Puerto Rican 7% Cuban 14% Dominican 4%
- Common ancestry
- Romanian 2% Lithuanian 2% Serbian 1%
- Foreign-born
- 20% · Canada, Jamaica
- Languages at home
- 69% English-only · Spanish 27% Other Indo-European 1% German/W. Germanic 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
- ▼ -94.24%
- Current HPI
- 313.8761
- Rent YoY
- ▼ -5.60%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-99.6% since first listed25 events — show timeline
- 2026-06-26 Listed for Rent $1,850 rentalsource
- 2026-06-25 Rental Removed $1,850 RentEngineListings
- 2026-06-24 Listed for Rent $1,850 RentEngineListings
- 2026-06-22 Listing Removed — FORTMLS
- 2026-06-05 Price Changed $238,900 FORTMLS
- 2026-05-29 Listed $244,999 FORTMLS
- 2024-05-23 Rental Removed $1,950 APPFOLIO
- 2024-05-03 Price Changed $1,950 APPFOLIO
- 2024-04-16 Price Changed $2,099 APPFOLIO
- 2024-04-11 Listed for Rent $2,299 APPFOLIO
- 2024-04-10 Rental Removed $2,299 APPFOLIO
- 2024-04-02 Listed for Rent $2,299 APPFOLIO
- 2024-03-21 Sold (MLS) $306,990 BEARMLS
- 2023-10-31 Pending — BEARMLS
- 2023-10-19 Price Changed $306,990 BEARMLS
- 2023-09-19 Price Changed $330,485 BEARMLS
- 2023-09-16 Price Changed $333,485 BEARMLS
- 2023-07-20 Price Changed $343,985 BEARMLS
- 2023-06-16 Listed $328,985 BEARMLS
- 2021-12-02 Sold (Public Records) $3,500,000 Public Records
- 2010-11-15 Sold (Public Records) $425,000 Public Records
- 2010-11-10 Sold (Public Records) $550,000 Public Records
- 2010-02-19 Sold (Public Records) $500,000 Public Records
- 2003-05-30 Sold (Public Records) $1,862,500 Public Records
- 2003-05-29 Sold (Public Records) $525,800 Public Records
Property tax history
+118.8%/yrLatest (2025): $4,398 · +338.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…