OFF_MARKETRisky Deal5 days on market

2251 SW 2nd Ter

2251 SW 2nd Ter, Cape Coral, FL 33991, Cape Coral, FL 33991
$679,500
Zestimate®:$663,700

Listing Price

Property image 1
2251 SW 2nd Ter, Cape Coral, FL 33991
Loc: Cape Coral, FL
Days Listed
5
Tax Assessed
$52k
Zestimate®
$664k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,606/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Trafalgar Elementary School

PK-5
2.1 mi away
4

Mariner Middle School

6-8
1.3 mi away
3

Mariner High School

9-12
1.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
2.87%
Total ROI
21.2%
Cash Flow
$-1,902/mo
DSCR
0.46
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Listed for sale$679,500$322
2026-09-05Pending sale$679,500$322
2026-08-19Listed for sale$679,500$322
2026-08-07Listing removed$4,250$2
2026-08-03Price change$4,250$2
2026-06-24Listed for rent$4,695$2
2022-03-03Sold$63,000$30
2022-03-01Pending sale$75,000$36
2022-02-19Listed for sale$75,000$36
2022-01-19Pending sale$75,000$36
2021-12-31Price change$75,000$36
2021-12-24Pending sale$55,000$26
2021-12-23Listed for sale$55,000$26
2018-10-01Listing removed$110,000$52
2017-09-26Listed for sale$110,000$52
2005-02-17Sold$119,000$56
2003-01-02Sold$5,200$2

Tax History

YearProperty TaxTax Assessment
2025$1,262.72$38,854
2024$1,136.54$35,322
2023$959.23$32,111
2022$618.16$13,200
2021$563.29$12,000
2020$654.97$15,400
2019$560.27$14,000
2018$560.27$14,000
2017$547.93$14,300
2016$513.17$14,300
2015$482.51$13,500
2014$446.22$11,900
2013$377.04$8,000
2012$318.16$10,000
2011$354.69$12,000
2010$348.41$11,000
2009$454$16,500
2008$582.09$30,000
2007$1,454.71$80,000
2006$2,142.54$115,600
2004$503.09$21,800
2003$282.35$11,130
2002$205.71$7,610
2000$0$7,610
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,108
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $679,500Rent Basis: Observed Comp Model ($2,606/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $340/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.87%

NOI: $19,485/yr

Cash-on-Cash Yield
-14.6%

On $156,285 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+21.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$43/mo
Homeowner / Hazard Insurance-$340/mo
Vacancy Reserve (5% of rent)-$130/mo
Repairs & Maintenance (10% of rent)-$261/mo
Property Management (8% of rent)-$208/mo
Total Pure Operating Expenses-$982/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,606/mo
Less: Operating Expenses-$982/mo
Net Operating Income (NOI)+$1,624/mo
Less: Debt Service (30yr @ 6.75%)-$3,526/mo
Net Cash Flow
$-1,902/mo
$-22,824/year
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