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Cape Coral 33993 Mariner
288 Spring Hill Lake Loop
Photo of 288 Spring Hill Lake Loop

30

Map

Photo of 288 Spring Hill Lake Loop
Photo of 288 Spring Hill Lake Loop
$315,000
● House - For Sale

288 Spring Hill Lake Loop

Cape Coral, FL 33993
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$2,862
Est. Monthly
$711
HOA / Fees
2.61%
Cap Rate

About This Property

BANK APPROVED PRICE!!!!!  The buyer did not have the money to close!!!!  
Not in a Flood Zone – Gated Community Living! Bank Approved Short Sale!
Discover this beautiful 3-bedroom, 2.5-bathroom home with a 2.5-car garage in a desirable gated community. Enjoy top-tier amenities, including pickleball courts, a resort-style pool, an exercise room, a picnic area, and a park. Inside, the home features granite countertops in the kitchen and bathrooms, tile flooring with carpet in the bedrooms, and an open, inviting layout. The lanai is equipped with remote-controlled Storm Smart hurricane screens, while the windows have Storm Smart accordion hurricane shutters for added protection. Experience comfort, security, and convenience in this well-appointed home-all without the worry of flood zone concerns!
Unit Size
2,000 Ft²
Days on Market
636 days
Land Size
0.16 acres
Price per sqft
$158
Property Type
House
Property Taxes
$604
HOA Dues
$711
Year Built
-

Listed By

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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: 3 months ago ( #225013794)

Price History

Date / Event Date Event Price
Aug 26, 2026 Relisted $315,000
Relisted
Jul 6, 2026 In contract -
In contract
Jun 6, 2026 Price Decreased $315,000
↓ $20K (6%)
Price Decreased
Apr 28, 2026 Relisted $335,000
Relisted
Mar 11, 2026 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Pantry, Walk-In Closet(s), DualSinks, ShowerOnly, SeparateShower, CableTv, WalkInPantry
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Laundry Features: Inside
Exterior Details
Square Footage: 2000
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Ranch, OneStory
Year Built: 2023
Waterfront Features: None
Building Area Total: 2552
Window Features: Shutters, SingleHung, Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Screened, Lanai
Pool Features: Community
Lot Features: Zero Lot Line
Lot Size Area: 0.1625
Lot Size Units: Acres
Lot Size Acres: 0.1625
Lot Size Square Feet: 7078.5
Tax Lot: 37
Water Source: Public, AssessmentPaid
Financial Details
Tax Annual Amount: $7,242
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer, AssessmentPaid
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Trash, AssociationManagement, LegalAccounting, StreetLights
HOA/Condo/Coop Amenities: Fitness Center, Barbecue, Picnic Area, Playground, Park, Pool, Tennis Court(s), Management, Pickleball, Sidewalks
HOA Fee: $711
HOA Fee Frequency: Quarterly

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,078
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: STONEWATER A SUBDIVISION
  • Land Acres: 0000000163
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • Legal Description 1: STONEWATER A SUBDIVISION IN SEC 10 TWP 44 RNG 23 AS DESC IN INSTRUMENT 2021000207542 LOT 37

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010108

Zoning

  • Zoning: R1

Geography

  • Account Number: 10604730
  • Parcel: 10-44-23-C2-01000.0370
  • Lot: 3
  • Meridian: SEC 10 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.6599
  • Longitude: -81.9953

    Address

  • Full Address: 288 Spring Hill Lake Loop
  • Address - House Number: 288
  • Address - Street Name: Spring Hill Lake
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R215
  • 4-Digit Zip Code: 4524
  • Zip Code: 33993

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,567
  • Tax Rate Code Area: 057

    Market Valuation

  • Market Total Value: $32,917
  • Market Land Value: $32,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,570

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 279663
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 Mariner

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$210

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1689 ft²

Average Home Age

6.6 years

Currently For Sale

525 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 127 Chiquita Boulevard N, Cape Coral, FL, 33993

$2,180 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
127 Chiquita Boulevard N, Cape Coral, FL, 33993 Listing by Ilan Kedem
Unit for rent at 331 Nelson Road N, Cape Coral, FL, 33993

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,811 ft²
331 Nelson Road N, Cape Coral, FL, 33993 Listing by Carlos Gutierrez, PA
Unit for rent at 1125 Nw 2nd Place, Cape Coral, FL, 33993

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,830 ft²
1125 Nw 2nd Place, Cape Coral, FL, 33993 Listing by Magner Tiuso

Rentals Near You

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Frequently Asked Questions

When was property at 288 Spring Hill Lake Loop built and last sold?
The property at 288 Spring Hill Lake Loop was built in and last sold on Aug 18, 2023 for $407,580.
How much is this home worth?
The estimated value of the home located at 288 Spring Hill Lake Loop is $324,400.
What are some comparable homes to 288 Spring Hill Lake Loop?
There are currently no comparable homes to 288 Spring Hill Lake Loop.
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