For SaleRisky Deal7 days on market
516 NW 35th Pl
516 NW 35th Pl, Cape Coral, FL 33993, Cape Coral, FL 33993
$639,999
Estimate®:$620,600
Listing Price
516 NW 35th Pl, Cape Coral, FL 33993
Loc: Cape Coral, FL
Days Listed
7
Tax Assessed
$515k
Estimate®
$621k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$3,666/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
3.6 mi away
4
Mariner Middle School
6-8
2.6 mi away
3
Mariner High School
9-12
2.6 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 Residence2024Central, ElectricCentral Air, Electric2 Attached Garage spaces10,454 sqft7 Days$318
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.90%
Total ROI
43.7%
Cash Flow
$-1,238/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,238/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cape Coral, FL
- • Long-term capital appreciation corridor
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 | $639,999 | $318 |
| 2025-04-24 | Sold | $569,000 | $283 |
| 2025-03-17 | Pending sale | $569,000 | $283 |
| 2025-02-25 | Price change | $569,000 | $283 |
| 2025-01-15 | Listed for sale | $585,000 | $291 |
| 2023-06-02 | Sold | $60,000 | $30 |
| 2023-05-22 | Pending sale | $64,990 | $32 |
| 2023-04-11 | Listed for sale | $64,990 | $32 |
| 2023-03-31 | Sold | $50,000 | $25 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,102.05 | $514,538 |
| 2024 | $1,302.93 | $57,563 |
| 2023 | $881.81 | $16,548 |
| 2022 | $791.9 | $15,044 |
| 2021 | $610.22 | $13,676 |
| 2020 | $559.71 | $12,433 |
| 2019 | $519.86 | $13,000 |
| 2018 | $519.86 | $13,000 |
| 2017 | $507.7 | $12,839 |
| 2016 | $474.25 | $11,000 |
| 2015 | $433 | $11,000 |
| 2014 | $403.4 | $9,964 |
| 2013 | $339.03 | $7,000 |
| 2012 | $230.33 | $5,800 |
| 2011 | $240.7 | $6,400 |
| 2010 | $305.08 | $9,000 |
| 2009 | $380.19 | $13,000 |
| 2008 | $376.26 | $18,000 |
| 2007 | $1,281.31 | $70,000 |
| 2006 | $1,818.74 | $97,560 |
| 2004 | $456.87 | $19,600 |
| 2003 | $171.44 | $6,120 |
| 2002 | $134.21 | $4,470 |
| 2000 | $0 | $2,350 |
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