This property is $315K less than the Median Sold Price in Cape Coral, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224024227
Listing Office:
Office Name: MVP Realty Associates LLC
Office Phone: (800) 806-0816
Listing Agent: David Abernathy
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 17, 2021
Sep 17, 2021Home Sold
$32,900
Jul 02, 2010
Jul 02, 2010Home Sold
$34,300
Mar 25, 2010
Mar 25, 2010Home Sold
$13,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$497
$9,200
2019
$526
$12,000
2018
$545
$12,724
2017
$502
$12,516
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$442
Per Month
Principal & Interest
$375
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$291
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Dr. Carrie D. Robinson Littleton Elementary School
700 Hutto Rd
Distance between this listing and this school3.16 miles
Public District Grades KG-5
7
/10
Diplomat Elementary School
1115 NE 16th Ter
Distance between this listing and this school3.25 miles
Public District Grades KG-5
4
/10
J. Colin English Elementary School
120 Pine Island Rd
Distance between this listing and this school4.89 miles
Public District Grades KG-5
Nearby Schools
4
/10
Diplomat Middle School
1039 NE 16th Ter
Distance between this listing and this school3.27 miles
Public District Grades 6-8
5
/10
North Fort Myers Academy for the Arts
1856 Arts Way
Distance between this listing and this school4.27 miles
Public Magnet Grades KG-8
4
/10
Mariner Middle School
425 Chiquita Blvd N
Distance between this listing and this school6.14 miles
Public District Grades 6-8
Nearby Schools
2
/10
Island Coast High School
2125 De Navarra Pkwy
Distance between this listing and this school1.06 miles
Public District Grades 9-12
6
/10
North Fort Myers High School
5000 Orange Grove Blvd
Distance between this listing and this school5.11 miles
Public Magnet Grades 9-12
4
/10
Mariner High School
701 Chiquita Blvd N
Distance between this listing and this school5.86 miles
The neighbors living near this home have an average income of $55,990. Typical income of Cape Coral, FL residents is between $35k-100k annually. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1218 NE 40th St
What is the listing price of this property?
The listing price of 1218 NE 40th St property is $75,000.
What type of property is this?
The property 1218 NE 40th St is land located in Cape Coral, Florida, 33909.
Is this property for sale now?
Active Listing: 1218 NE 40th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $497 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 17, 2021 for $32,900. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1218 NE 40th St in Cape Coral, FL and zip code 33909 in the Jacaranda neighborhood. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $75,000.
Cape Coral, FL housing market in October 2024 saw over 30 listings sold above listed price, more than 80 sold at listed price and over 263 sold below. The number of listings in Cape Coral, FL increased by 5% between September 2024 and October 2024. In October 2024 median list price was $390,012 and the average listing age was 79 days.
From Rocket Homes Real Estate and based on county public records data.