1022 Se 11th St, CAPE CORAL Property Listing: MLS® #219048182

1022 Se 11th St

$309,900
$1,649/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 1649
  • Photo 0
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27
  • Photo 28
  • Photo 29
  • 6 Beds
  • 4 Baths
  • - Sqft
  • 2003 Year
  • No Pool
  • No Waterfront
  • .23 Acres
  • 29 DOM

About This Property

This fully rented duplex offers a great investment opportunity. Each side rents for $1200 per month. With gross income of $28,800 minus taxes ($3840), minus insurance ($1254) and allowing a generous 10% for vacancy collection and repairs ($2880), you still collect $20,826 in net income each year. At list price, that's an almost 7% return in your first year. Both units have similar floor plans with 3 bedrooms, 2 full baths and 1 car garage. They feature vaulted ceilings, tile throughout and a private screened lanai. A new central AC unit was installed in one unit in 2018 and the other in 2016. This is a great rental location in the heart of Cape Coral, close to stores, restaurants, schools, city hall, and commuter routes. All assessments are paid. This is one you'll want to check out.

Call or text Ryan Schwartz at 239.500.8000

General Information

  • MLS® #: 219048182
  • Price: $309,900
  • Days on Market: 29
  • Address: 1022 Se 11th St
  • County: Lee
  • Year Built: 2003
  • Type: Income
  • Bedrooms: 6
  • Bathrooms: 4.00
  • Full Baths: 4
  • Acres: 0.23
  • Waterfront: None
  • Sub-Type: Duplex
  • Style: Duplex
  • Status: Active

Area

CC14 - Cape Coral Unit 16,18,22-

Amenities

  • Amenities: None
  • Waterfront: None

Interior

  • Heating: Central Electric
  • Cooling: Ceiling Fans, Central Electric

Exterior

  • Exterior: Stucco
  • Exterior Features: Sprinkler Auto
  • Lot Description: Regular
  • Windows: Single Hung
  • Roof: Shingle
  • Construction: Concrete Block

Financials

  • Price: $309,900
  • Zoning: 33990

Listing Details

  • Office: 4 Seasons Realty Llc

Community Information

  • Subdivision Cape Coral
  • Development Cape Coral
  • City Cape Coral
  • County Lee
  • State Fl
  • Zip Code 33990
  • Pets No Approval Needed

Inquire now for more information about the community of CAPE CORALFind out more!

Subdivision Statistics

  Listings Average DOM Average Price Average $/SF Median $/SF List/Sale price
Active 7247 294 $126,891 $144 $343,400 $309,900
Sold (past 6 mths) 2151 76 $334921 $169 $399,990 $309,900

Properties Similar to 1022 Se 11th St, CAPE CORAL

Ryan Schwartz

Realtor®

br Logo The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019 Southwest Florida MLS organizations.. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Naples Homes - Florida Realty & Co are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.