3910 Palm Tree Boulevard
About This Property
This charming pool home is ideally located in Southeast Cape Coral, just a short distance from the bridges to Fort Myers, making your commute a breeze. Only one mile to downtown Cape Coral, you can easily walk or bike to enjoy local shopping, dining, festivals, and the popular farmers market.
Discover your own private oasis. Surrounded by lush tropical landscaping and a fully fenced yard, this home is perfect for pet owners. Recent upgrades include a new metal roof providing peace of mind during storm season for many years.
This spacious 1724 SF home features tile flooring throughout. The eat-in kitchen boasts granite countertops, and the open-concept living and dining areas flow seamlessly into a light-filled Florida room that overlooks the pool and lanai. The rear of the home with Western exposure ensures breathtaking sunsets all year long. The expansive screened pool area is perfect for hosting family and friends, while the beautifully landscaped yard offers plenty of space for relaxation or play. There are hurricane shutters for all the windows.
Don't miss the opportunity to call this fantastic property home!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$310,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Dec 4, 2024 | Relisted | $319,900 | |
| Relisted | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017