For SaleNeutral Deal16 days on market
1304 NW 40th Pl
1304 NW 40th Pl, Cape Coral, FL 33993, Cape Coral, FL 33993
$1,450,000
Listing Price
1304 NW 40th Pl, Cape Coral, FL 33993
Loc: Cape Coral, FL
Days Listed
16
Tax Assessed
$212k
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
Trafalgar Elementary School
PK-5
4.7 mi away
4
Mariner Middle School
6-8
3.3 mi away
3
Mariner High School
9-12
3.3 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
modernstucco exteriortile roofthree-car garagecontemporarypalm treesmanicured lawnluxury homepaver drivewaysingle-storyhigh entrywayflorida architecturecurb appeal
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.65%
Total ROI
103.4%
Cash Flow
$510/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $510/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 | Listed for sale | $1,450,000 | $645 |
| 2021-12-08 | Sold | $265,000 | $118 |
| 2021-11-15 | Pending sale | $275,000 | $122 |
| 2021-10-16 | Price change | $275,000 | $122 |
| 2021-07-25 | Listed for sale | $260,000 | $116 |
| 2010-08-26 | Sold | $50,000 | $22 |
| 2004-08-27 | Sold | $194,500 | $87 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,743.74 | $211,565 |
| 2024 | $4,298.22 | $246,840 |
| 2023 | $4,347.75 | $224,400 |
| 2022 | $3,594.56 | $139,500 |
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