3200 Averill Blvd

Cape Coral, FL 33909
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4 bd, 2 ba | 1,785 sqft | Built in 2005

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For Sale

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List Price
$462,500

$5K

Initial Investment

$194,713
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$462,500

Down Payment

40%

Estimated daily rent & occupancy


$

 per day x 
 days
Estimated average rent per year
$57,190

Total Return

$309,851

Annualized Return

22.2%

Cap Rate

6.7%

Gross Yield

12.4%

Cash Flow

$8,628

Appreciation

9.8%
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Features

Occupancy

Vacant

Lot Size

10,019

HOA

None

Flood Risk

Not Required

Very well taken care of home located in NE Cape Coral. Located with in minutes to N.F.M. and central Cape Coral this is an ideal area to be living at. Tons of upgrade to include brand new roof, new lighting and paint in April 2022. Many other upgrades were done in 2021 were new pool vacuum, well pump, front door, added security system with cameras. Years previous to that owner added new ac, pool solar panels, and hot water heater. You will not find another home this well taken care for at this price range. Make your appointment to see this amazing home before its off the market.

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Annual Financial Highlights

Expected Rent

$57,190

Expenses

-$21,997

Property Taxes

-$6,450

Loan Payments

-$20,115

Net Cash Flow

$8,628

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Listing Courtesy of:Jason Foskey
International Home Network LLC
Certified Agent Brokerage:

SourceFlorida Gulf Coast MLS
MLS #222037142
Last Updated: 11/22/2022 00:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.