For SaleRisky Deal6 days on market
1507 NW 29th Pl
1507 NW 29th Pl, Cape Coral, FL 33993, Cape Coral, FL 33993
$400,000
Estimate®:$387,800
Listing Price
1507 NW 29th Pl, Cape Coral, FL 33993
Loc: Cape Coral, FL
Days Listed
6
Tax Assessed
$418k
Estimate®
$388k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$3,273/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.
3
Hector A. Cafferata Jr Elementary School
PK-5
3.9 mi away
4
Mariner Middle School
6-8
2.2 mi away
3
Mariner High School
9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylestucco exteriorsingle-storyattached garagelarge lawnpalm treessuburbanarched windowsentrywaysunnyresidentialtropical landscapingspacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.94%
Total ROI
87.9%
Cash Flow
$-96/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-96/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Cape Coral
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $400,000 | $206 |
| 2021-12-24 | Listing removed | $0 | – |
| 2021-11-29 | Pending sale | $415,000 | $214 |
| 2021-11-23 | Listed for sale | $415,000 | $214 |
| 2005-11-29 | Sold | $380,000 | $196 |
| 1999-05-18 | Sold | $14,800 | $8 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,375.55 | $191,415 |
| 2024 | $3,147.89 | $186,020 |
| 2023 | $3,004.95 | $180,602 |
| 2022 | $2,838.66 | $175,342 |
| 2021 | $2,874.62 | $170,235 |
| 2020 | $2,901.17 | $167,885 |
| 2019 | $2,809.76 | $216,427 |
| 2018 | $2,809.76 | $161,050 |
| 2017 | $2,797.22 | $157,738 |
| 2016 | $2,776.5 | $191,526 |
| 2015 | $2,707.93 | $191,508 |
| 2014 | $2,716.65 | $188,388 |
| 2013 | $2,810.66 | $164,621 |
| 2012 | $2,472.21 | $154,207 |
| 2011 | $2,425.74 | $143,151 |
| 2010 | $2,667.91 | $151,988 |
| 2009 | $3,524.86 | $195,060 |
| 2008 | $3,862.98 | $248,870 |
| 2007 | $5,058.64 | $305,550 |
| 2006 | $5,098.47 | $293,520 |
| 2004 | $2,317.01 | $191,850 |
| 2003 | $2,366.57 | $178,120 |
| 2002 | $2,358.72 | $119,230 |
| 2000 | $0 | $12,070 |
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