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Lehigh Acres 33936 Alabama
1612 Covington Meadows Circle
$276,900
● House - Off Market

1612 Covington Meadows Circle

Lehigh Acres, FL 33936
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,383 Ft²
$1,435
Est. Monthly
8.34%
Cap Rate

About This Property

Here is your opportunity to own this 3-bedroom 2 bath home in Covington Meadows.  A quiet neighborhood near shopping, schools and more. Features include all appliances, attached two car garage and under truss screened porch.  Master bath has double sinks and a separate tub and shower. City utilities.  New roof in 2023 and air conditioning system brand new in 2024. Sturdy concrete block construction.  No CDD, no HOA fees and no city taxes. Not in a flood zone.  Ready for a new owner today.  See this one and your search will be over!
Unit Size
1,383 Ft²
Days on Market
45 days
Land Size
0.24 acres
Price per sqft
$200
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1995

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago ( #225056035)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 13, 2025 Listed by Coldwell Banker Preferred Properties $276,900
Listed by Coldwell Banker Preferred Properties
Nov 7, 2002 Sold
Premium
Sold
May 26, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,846
  • Total Building Area: 1,958
  • Gross Building Area: 1,958
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWOOD ESTATES IN 45-27
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: PARKWOOD UNIT 4 BLK 1 PB 28 PG 100 LOT 54

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 040304

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: 33
  • Account Number: 10403864
  • Subdivision Tract Number: 04
  • Parcel: 06-45-27-04-00001.0540
  • Block: 1
  • Lot: 54
  • Meridian: SEC 06 TWN 45S RNG 27E
  • Municipality: LEHIGH ACRES FIRE & LIGHT
  • Latitude: 26.5957
  • Longitude: -81.6575

    Address

  • Full Address: 1612 Covington Meadows Cir
  • Legal Unit: 4
  • Address - House Number: 1612
  • Address - Street Name: Covington Meadows
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Lehigh Acres
  • Carrier Code: C059
  • 4-Digit Zip Code: 7749
  • Zip Code: 33936

Valuation

    Tax

  • Total Area: 1,592
  • Tax Year: 2023
  • Tax Amount: $82,824
  • Tax Rate Code Area: 048

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 298,655
  • High Value: 364,001
  • Low Value: 233,308

    Market Valuation

  • Market Total Value: $209,812
  • Market Land Value: $17,029
  • Market Improvement Value: $192,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,961

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2002
  • Current Sale Recording Date: Nov 07, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 26, 1995
  • Previous Sale Contract Date: May 26, 1995
  • Previous Sale Amount: $76,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Alabama

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

84

Average Home Size

1468 ft²

Average Home Age

15.6 years

Currently For Sale

319 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 245 Pennfield Street, Lehigh Acres, FL, 33974

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,222 ft²
245 Pennfield Street, Lehigh Acres, FL, 33974 Listing by Alberto Tinedo
Unit for rent at 243 Pennfield Street, Lehigh Acres, FL, 33974

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,222 ft²
243 Pennfield Street, Lehigh Acres, FL, 33974 Listing by Alberto Tinedo
Unit for rent at 506 W 5th Street, Lehigh Acres, FL, 33972

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
506 W 5th Street, Lehigh Acres, FL, 33972 Listing by Kevin Lopez Haya

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1612 Covington Meadows Circle built and last sold?
The property at 1612 Covington Meadows Circle was built in 1995 and last sold on Oct 28, 2002 for $111,000.
How much is this home worth?
The estimated value of the home located at 1612 Covington Meadows Circle is $280,062.
What are some comparable homes to 1612 Covington Meadows Circle?
There are currently no comparable homes to 1612 Covington Meadows Circle.
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