For SaleRisky Deal28 days on market
2623 NE 22nd Ave
2623 NE 22nd Ave, Cape Coral, FL 33909, Cape Coral, FL 33909
$176,900
Estimate®:$172,500
Listing Price
2623 NE 22nd Ave, Cape Coral, FL 33909
Loc: Cape Coral, FL
Days Listed
28
Tax Assessed
$192k
Estimate®
$173k
Market Rate
Lot Size
10,846 sqft
Rent Estimate
$1,576/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Dr Carrie D Robinson Littleton Elementary School
PK-5
0.9 mi away
5
Diplomat Middle School
6-8
1.7 mi away
2
Island Coast High School
9-12
1.8 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
Single Family Residence1987Central, ElectricCentral Air, Electric, Window Unit(s)1 Attached Garage space10,846 sqft28 Days$142
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.5%
Cash Flow
$-11/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-11/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-13 | Price change | $176,900 | $142 |
| 2026-08-30 | Price change | $184,900 | $149 |
| 2026-08-26 | Listed for sale | $197,400 | $159 |
| 2026-08-23 | Listing removed | $197,400 | $159 |
| 2026-07-16 | Price change | $197,400 | $159 |
| 2026-07-01 | Price change | $204,900 | $165 |
| 2026-06-16 | Price change | $212,400 | $171 |
| 2026-06-02 | Price change | $219,900 | $177 |
| 2026-05-03 | Listed for sale | $238,000 | $191 |
| 2019-08-29 | Listing removed | $1,395 | $1 |
| 2019-07-24 | Price change | $1,495 | $1 |
| 2019-07-13 | Price change | $1,575 | $1 |
| 2019-06-24 | Price change | $1,625 | $1 |
| 2019-05-06 | Listed for rent | $1,675 | $1 |
| 2017-06-09 | Listing removed | $1,345 | $1 |
| 2017-06-02 | Listed for rent | $1,345 | $1 |
| 2017-04-21 | Listing removed | $1,295 | $1 |
| 2017-03-07 | Listed for rent | $1,295 | $1 |
| 2016-03-29 | Sold | $135,000 | $109 |
| 2016-03-03 | Pending sale | $139,900 | $112 |
| 2016-02-10 | Listed for sale | $139,900 | $112 |
| 2016-01-21 | Pending sale | $139,900 | $112 |
| 2016-01-13 | Listed for sale | $139,900 | $112 |
| 2010-06-17 | Sold | $40,900 | $33 |
| 1994-04-22 | Sold | $57,000 | $46 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,794.48 | $174,347 |
| 2024 | $3,631.81 | $158,497 |
| 2023 | $3,231.05 | $144,088 |
| 2022 | $2,956.04 | $130,989 |
| 2021 | $2,625.69 | $119,081 |
| 2020 | $2,551.92 | $111,439 |
| 2019 | $2,467.48 | $108,205 |
| 2018 | $2,467.48 | $109,817 |
| 2017 | $2,531.45 | $104,976 |
| 2016 | $2,471.94 | $90,857 |
| 2015 | $949.7 | $80,602 |
| 2014 | $928.16 | $78,093 |
| 2013 | $872.74 | $65,200 |
| 2012 | $773.29 | $54,293 |
| 2011 | $761.74 | $49,081 |
| 2010 | $646.15 | $42,939 |
| 2009 | $842.66 | $54,740 |
| 2008 | $832.79 | $103,910 |
| 2007 | $980.31 | $140,660 |
| 2006 | $979.54 | $177,920 |
| 2004 | $968.1 | $83,980 |
| 2003 | $971.34 | $78,610 |
| 2002 | $956.17 | $72,580 |
| 2000 | $0 | $56,500 |
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