2701 SW 37th Ter
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Nearby Schools
Educational options and performance ratings in the area.
Gulf Elementary School
Gulf Middle School
Ida S. Baker High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This Cape Coral property presents a stable investment opportunity with a respectable 7.1% rental yield. From a conservative standpoint, the $301.32 monthly cash flow is relatively thin for a $350,000 asset, leaving little margin for unexpected capital expenditures, large repairs, or vacancy periods. While the 4% appreciation forecast is consistent with Southwest Florida's regional growth trends, investors must account for rising property taxes and insurance premiums, which are currently volatile in the state. The investment is solid for long-term equity building, but the limited immediate cash flow necessitates a disciplined maintenance reserve to prevent the asset from becoming cash-flow negative in a high-expense year.
- • Strong 7.1% rental yield exceeds many comparable single-family markets
- • Desirable 3-bed, 2-bath configuration attractive to long-term tenants
- • Steady 4% projected annual appreciation in a high-demand growth corridor
- • Tight $301 monthly cash flow provides a low margin of safety for a $350k asset
- • Significant exposure to rising Florida homeowners and flood insurance premiums
- • Potential for high capital expenditure requirements due to coastal weather and humidity
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-01 | Listing removed | $2,600 | $2 |
| 2026-05-01 | Listed for rent | $2,600 | $2 |
| 2026-04-28 | Listing removed | $350,000 | $220 |
| 2026-04-16 | Listed for sale | $350,000 | $220 |
| 2025-08-21 | Listing removed | $425,000 | $267 |
| 2025-02-28 | Listed for sale | $425,000 | $267 |
| 2020-07-29 | Sold | $265,000 | $167 |
| 2020-06-06 | Pending sale | $275,000 | $173 |
| 2020-05-12 | Listed for sale | $275,000 | $173 |
| 2020-04-27 | Pending sale | $275,000 | $173 |
| 2020-03-10 | Listed for sale | $275,000 | $173 |
| 2010-11-01 | Sold | $130,000 | $82 |
| 2010-07-17 | Price change | $125,000 | $79 |
| 2010-06-22 | Price change | $130,000 | $82 |
| 2010-05-09 | Price change | $150,000 | $94 |
| 2010-03-16 | Price change | $169,000 | $106 |
| 2010-03-13 | Price change | $199,900 | $126 |
| 2010-02-13 | Price change | $245,000 | $154 |
| 2009-09-24 | Listed for sale | $295,000 | $186 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $256,802 |
| 2023 | $0 | $249,322 |
| 2022 | $0 | $242,060 |
| 2021 | $3,956.79 | $0 |
| 2020 | $2,350.54 | $139,816 |
| 2019 | $2,274.2 | $197,836 |
| 2018 | $2,274.2 | $134,125 |
| 2017 | $2,255.53 | $131,366 |
| 2016 | $2,235.78 | $183,607 |
| 2015 | $2,172.3 | $159,807 |
| 2014 | $2,170.78 | $151,099 |
| 2013 | $2,131.97 | $138,911 |
| 2012 | $1,956.81 | $122,795 |
| 2011 | $2,630.39 | $112,648 |
| 2010 | $1,433.99 | $100,071 |
| 2009 | $1,564.24 | $111,380 |
| 2008 | $1,343.81 | $186,760 |
| 2007 | $1,556.64 | $239,260 |
| 2006 | $1,559.55 | $239,110 |
| 2004 | $1,605.5 | $129,790 |
| 2003 | $2,806.85 | $118,000 |
| 2002 | $1,717.37 | $110,110 |
| 2000 | $0 | $88,710 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $20,353/yr
On $80,500 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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