For SaleRisky Deal40 days on market
510 SW 51st Ter
510 SW 51st Ter, Cape Coral, FL 33914, Cape Coral, FL 33914
$310,000
Estimate®:$303,300
Listing Price
510 SW 51st Ter, Cape Coral, FL 33914
Loc: Cape Coral, FL
Days Listed
40
Tax Assessed
$354k
Estimate®
$303k
Market Rate
Lot Size
10,019 sqft
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.
6
Pelican Elementary School
PK-5
2.1 mi away
7
Gulf Middle School
6-8
2.7 mi away
3
Ida S. Baker High School
9-12
2.9 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 Residence1972Central, ElectricCentral Air, Ceiling Fan(s), Electric1 Attached Garage space10,018 sqft40 Days$220
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.67%
Total ROI
82.1%
Cash Flow
$-143/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-143/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • 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 |
|---|---|---|---|
| 2026-09-08 | Price change | $310,000 | $220 |
| 2026-08-31 | Price change | $318,000 | $226 |
| 2026-08-14 | Listed for sale | $325,000 | $231 |
| 2026-05-26 | Listing removed | $335,000 | $238 |
| 2026-04-18 | Price change | $335,000 | $238 |
| 2026-01-05 | Listed for sale | $350,000 | $249 |
| 2025-12-02 | Listing removed | $365,000 | $259 |
| 2025-11-07 | Price change | $365,000 | $259 |
| 2025-09-11 | Listed for sale | $375,000 | $266 |
| 2023-05-10 | Sold | $330,000 | $234 |
| 2023-04-03 | Pending sale | $353,589 | $251 |
| 2023-03-10 | Listed for sale | $353,589 | $251 |
| 2021-10-29 | Listing removed | $0 | – |
| 2021-10-27 | Listed for rent | $2,000 | $1 |
| 2021-02-25 | Listing removed | $0 | – |
| 2020-05-08 | Listing removed | $1,575 | $1 |
| 2020-05-04 | Price change | $1,575 | $1 |
| 2020-04-16 | Price change | $1,625 | $1 |
| 2020-04-03 | Listed for rent | $1,675 | $1 |
| 2020-02-27 | Sold | $208,999 | $148 |
| 2020-01-26 | Pending sale | $219,000 | $156 |
| 2020-01-12 | Listed for sale | $219,000 | $156 |
| 2019-12-08 | Listing removed | $220,000 | $156 |
| 2019-11-15 | Listed for sale | $220,000 | $156 |
| 2019-10-18 | Pending sale | $220,000 | $156 |
| 2019-10-09 | Listed for sale | $220,000 | $156 |
| 2012-08-28 | Sold | $90,000 | $64 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,515.04 | $354,350 |
| 2024 | $6,121.69 | $338,063 |
| 2023 | $2,414.91 | $103,927 |
| 2022 | $3,642.33 | $171,950 |
| 2021 | $3,258.18 | $156,318 |
| 2020 | $1,497.53 | $94,483 |
| 2019 | $1,438.85 | $142,118 |
| 2018 | $1,438.85 | $90,637 |
| 2017 | $1,414.28 | $88,773 |
| 2016 | $1,373.89 | $115,105 |
| 2015 | $1,328.43 | $102,394 |
| 2014 | $1,309.63 | $88,503 |
| 2013 | $1,365.06 | $68,703 |
| 2012 | $435.25 | $81,408 |
| 2011 | $433.28 | $64,209 |
| 2010 | $442.17 | $47,005 |
| 2009 | $658.07 | $76,000 |
| 2008 | $628.38 | $103,560 |
| 2007 | $1,066.6 | $132,110 |
| 2006 | $1,066.47 | $166,360 |
| 2004 | $1,066.95 | $107,190 |
| 2003 | $1,074.23 | $101,530 |
| 2002 | $1,059.61 | $80,990 |
| 2000 | $0 | $59,910 |
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