1910 NW 31st Ter · Cape Coral, FL 33993

$269,990

3 bd · 2.0 ba · 1,284 sqft · Land · 411 Days on market

Built 2025 10,454 sqft lot

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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).

• Cash flow +14.7/30.0
• ARV discount +7.5/15.0
• DSCR +4.5/10.0
• Schools +4.1/10.0
• Livability +3.9/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

Key facts

• Split floor plan
• 0.24 acre lot
• 2 garage spots

Tags

• SPLIT FLOOR PLAN
• KITCHEN OVERLOOKS GREAT ROOM
• DIRECT ACCESS TO GARAGE

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: Non-gated community; No association fee

Exterior

• Parking: Attached 2-car garage; Driveway; Paved parking
• Utilities: Cable available; Septic tank sewer; Private well water
• Home design: Single-story; Entry at level 1; Faces south; Exposures to the north
• Construction: New construction; Block, concrete and stucco construction; Shingle roof
• Exterior features: Shutters (manual); No additional exterior features listed; Rectangular lot; Paved road

Interior

• Kitchen: Dishwasher; Range
• Bedrooms: Master bedroom; Two additional bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Double-hung windows; Family/Dining room; Living/Dining room combo; Pantry; Shower only with separate shower; Walk-in closet(s); Split bedrooms; Unfurnished
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $270k.

Deal economics

• At list price, monthly cash flow is $71 ($851/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $217k (19.5% below list).
• Recommended offer: $217k (19.5% 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; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).

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 411 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $41k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $98k; list at $270k implies a 176% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $217,413 (19.5% below list)

Questions for the listing agent

1. It's been on market 411 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 6.61%
• Cash-on-cash: 1.13%
• DSCR: 1.05
• GRM: 10.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -17.6%
• Equity multiple: 0.40×
• Total profit: $-45,708
• Equity at exit: $40,256

10-year hold

• IRR: -15.8%
• Equity multiple: 0.22×
• Total profit: $-59,024
• Equity at exit: $23,344

Cash invested: $75,597 (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: 10.3×

Monthly cashflow live

• Estimated rent: $2,174 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$118 /mo · $1,420/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$457
• Net cashflow: $71

Break-even live

Break-even rent $2,084

Max offer price $269,990

Occupancy floor 92%

Sensitivity live

Price	-10% $224	-5% $147	+0% $71	+5% $-6	+10% $-82
Rent	-10% $-101	-5% $-15	+0% $71	+5% $157	+10% $243
Rate	-1.0pp $207	-0.5pp $140	base $71	+0.5pp $1	+1.0pp $-70

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: $67,498
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1823 NW 31st St Cape Coral, FL	3.0	2.0	1408	$1,950	$1.38	4d	1	0.12mi
2838 NW 19th Pl Cape Coral, FL	4.0	2.0	1650	$1,845	$1.12	25d	1	0.24mi
2901 NW 18th Pl Cape Coral, FL	3.0	2.0	1555	$2,190	$1.41	15d	1	0.25mi
1818 NW 27th Ter Cape Coral, FL	4.0	2.0	1665	$1,975	$1.19	4d	1	0.44mi
2837 NW 24th Ave Cape Coral, FL	3.0	2.0	1286	$4,470	$3.48	25d	1	0.54mi
2824 NW 23rd Ave Cape Coral, FL	3.0	2.0	1462	$1,641	$1.12	22d	1	0.54mi
1907 NW 26th St Cape Coral, FL	3.0	2.0	1842	$2,200	$1.19	16d	1	0.54mi
2630 NW 23rd Ave Cape Coral, FL	3.0	2.0	1515	$2,299	$1.52	25d	1	0.64mi
1719 NW 25th Ln Cape Coral, FL	4.0	2.0	1829	$2,291	$1.25	4d	1	0.66mi
2423 NW 19th Pl Cape Coral, FL	4.0	2.0	1829	$1,761	$0.96	12d	1	0.80mi
2538 NW 24th Pl Cape Coral, FL	4.0	2.0	1565	$1,950	$1.25	4d	1	0.88mi
2837 NW 27th Ave Cape Coral, FL	3.0	2.0	1408	$1,691	$1.20	4d	1	0.92mi
2507 NW 25th St Cape Coral, FL	4.0	2.0	1842	$2,200	$1.19	16d	1	1.03mi
2511 NW 25th St Cape Coral, FL	4.0	2.0	1842	$2,200	$1.19	16d	1	1.04mi
2206 NW 17th Pl Cape Coral, FL	4.0	2.0	1779	$2,075	$1.17	25d	1	1.08mi
2152 NW 22nd Pl Cape Coral, FL	3.0	2.0	1418	$2,550	$1.80	12d	1	1.13mi
2124 NW 18th Ave Cape Coral, FL	3.0	2.0	1556	$2,000	$1.29	21d	1	1.20mi
2105 NW 22nd Ave Cape Coral, FL	4.0	2.0	1833	$2,265	$1.24	16d	1	1.28mi
2329 NW 27th Ave Cape Coral, FL	3.0	2.0	1761	$2,300	$1.31	17d	1	1.29mi
2800 NW 25th Ter Cape Coral, FL	3.0	2.0	1469	$2,000	$1.36	4d	1	1.31mi
2812 NW 25th St Cape Coral, FL	4.0	2.0	1657	$1,950	$1.18	25d	1	1.38mi
2014 NW 16th Pl Cape Coral, FL	4.0	2.0	1712	$1,701	$0.99	15d	1	1.40mi
2928 NW 27th St Cape Coral, FL	4.0	2.0	1853	$1,999	$1.08	25d	1	1.45mi
2928 NW 27th St Cape Coral, FL	4.0	2.0	1853	$1,999	$1.08	22d	1	1.45mi
2227 NW 11th Ct Cape Coral, FL	4.0	2.0	1650	$1,895	$1.15	25d	1	1.45mi
1011 Kismet Pkwy W Cape Coral, FL	4.0	2.0	1787	$2,100	$1.18	4d	1	1.46mi
2809 NW 8th Pl Cape Coral, FL	3.0	2.0	1400	$2,400	$1.71	25d	1	1.47mi
1427 NW 20th St Cape Coral, FL	4.0	2.0	1617	$1,895	$1.17	17d	1	1.49mi

Listing history 25 events

1. 2026-06-07
   statusdays on market $269,990 Pending 411 DOM
2. 2026-06-02
   days on market $269,990 Active 410 DOM
3. 2026-06-01
   days on market $269,990 Active 409 DOM
4. 2026-06-01
   days on market $269,990 Active 408 DOM
5. 2026-05-19
   price $269,990 1388-char remark

   Show marketing remark (1388 chars)

   Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

6. 2026-05-18
   price $269,990
7. 2026-04-09
   price $274,990 1388-char remark

   Show marketing remark (1388 chars)

   Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

8. 2026-04-08
   price $274,990
9. 2026-03-28
   price $279,000 1388-char remark

   Show marketing remark (1388 chars)

   Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

10. 2026-03-18
    price $279,000
11. 2026-02-10
    status Active 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

12. 2026-02-06
    historical 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

13. 2025-09-25
    price $289,000

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

14. 2025-09-25
    price $289,000 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

15. 2025-07-26
    price $294,990 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

16. 2025-07-25
    price $294,990
17. 2025-05-02
    price $299,000

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

18. 2025-05-02
    price $299,000 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

19. 2025-04-18
    listed $311,000 Active
20. 2024-11-06
    price $311,000 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

21. 2024-10-01
    listed $316,000 Active 1388-char remark

    Show marketing remark (1388 chars)

    Introducing the Sago, a floorplan from our highly sought-after Value collection, designed for the ease of single-story living. Experience the convenience of this family-friendly layout that caters to your every need. With 3 bedrooms, 2 full bathrooms, and a generously sized 2 car garage, the Sago offers a well-appointed space for comfortable living. The split plan design ensures privacy and tranquility, with a welcoming master bedroom set apart from the other two bedrooms. The open concept kitchen seamlessly integrates with the living and dining areas, creating a harmonious environment that encourages family gatherings and shared moments. The kitchen itself is a chef's delight, featuring 30″ upper cabinets for ample storage, as well as a stainless-steel insulated dishwasher for easy clean-up. Completing the ensemble, each home includes a stainless steel electric smooth top range and a stainless-steel microwave complete with a ductless vent hood, light, and fan. Crafted with our unwavering commitment to quality craftsmanship, the Sago new home floorplan incorporates a range of energy-smart features. From the digital thermostat and heating, ventilation and A/C system to the roof vent and soffit for efficient attic ventilation, and dual-pane energy-efficient windows, every detail has been thoughtfully considered to enhance your comfort and promote sustainability.

22. 2024-04-24
    soldstatus $97,900
23. 2024-01-22
    soldstatus $40,000
24. 2000-06-01
    soldstatus $4,292,500
25. 1999-07-02
    soldstatus $4,685,000

ⓘ 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: $1,420 · $118/mo
• Projected year-2 tax: $2,241 · $187/mo
• Expected delta: +$821/yr (+$68/mo · 57.8%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 57% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 31 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: $26,090
• − Mortgage interest: −$15,124
• − Property taxes: −$1,420
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,087
• − Management: −$2,087
• − Depreciation: −$7,854
• Taxable loss: −$3,832
• Est. tax savings @ 24.0%: +$920
• After-tax cash flow: $1,771/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

-94.2% since first listed

21 events — show timeline

• 2026-05-19 Price Changed $269,990 Zillow
• 2026-05-18 Price Changed $269,990 FORTMLS
• 2026-04-09 Price Changed $274,990 Zillow
• 2026-04-08 Price Changed $274,990 FORTMLS
• 2026-03-28 Price Changed $279,000 Zillow
• 2026-03-18 Price Changed $279,000 FORTMLS
• 2026-02-10 Relisted — Zillow
• 2026-02-06 Delisted — Zillow
• 2025-09-25 Price Changed $289,000 FORTMLS
• 2025-09-25 Price Changed $289,000 Zillow
• 2025-07-26 Price Changed $294,990 Zillow
• 2025-07-25 Price Changed $294,990 FORTMLS
• 2025-05-02 Price Changed $299,000 FORTMLS
• 2025-05-02 Price Changed $299,000 Zillow
• 2025-04-18 Listed $311,000 FORTMLS
• 2024-11-06 Price Changed $311,000 Zillow
• 2024-10-01 Listed $316,000 Zillow
• 2024-04-24 Sold (Public Records) $97,900 Public Records
• 2024-01-22 Sold (Public Records) $40,000 Public Records
• 2000-06-01 Sold (Public Records) $4,292,500 Public Records
• 1999-07-02 Sold (Public Records) $4,685,000 Public Records

Property tax history

+16.5%/yr

Latest (2025): $1,420 · +85.9% YoY. Source: county tax records.