2 months on rocket

1302-1304 NE 16th Ter, Cape Coral, FL, 33909

$499,000

Home List Price

$5,926*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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1302-1304 NE 16th Ter, Cape Coral$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
MLS #224077318
Lot Size0.26 Acres
StatusActive

About 1302-1304 NE 16th Ter

Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. Each unit features 2 bedrooms plus a den, a one-car garage, tile flooring throughout, open-concept living, in-unit laundry, a screened porch, and a convenient 10x12 concrete slab in the backyard. Freshly painted inside, the property is well-maintained and thoughtfully upgraded with a new roof (2023), new dishwasher, oven, water softener, water heater, and regular pest control service. Situated near Del Prado Blvd and Diplomat Avenue, it’s perfectly positioned close to restaurants, shopping centers, and more while offering a quiet retreat away from busy streets. Currently, one unit rents for $1,995/month and the other for $1,947/month, totaling $3,942 monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. Don’t miss this excellent opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 2006

Listing Office:

  • Office Name: Starlink Realty, Inc
  • Office Phone: (239) 693-7263
  • Listing Agent: Laura Ariza

Interior Features

Interior Information:

  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: None, Awning(s)

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Coming from fort Mayers driving del Prado north, take a left on Diplomat, then right on NE 13th Ave, make a quick right on NE 16terr, duplex is on the right corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

1302-1304 NE 16th Ter vs Cape Coral

80 DAYS ON ROCKET

-2 Days

$499,000

+$108.9K More

KEY TAKEAWAY

This property is $108.9K more 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: #224077318

Listing Office:

  • Office Name: Starlink Realty, Inc
  • Office Phone: (239) 693-7263
  • Listing Agent: Laura Ariza

IDX 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: 12/22/2024, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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.

Nearby Schools

school-card-donut-862455
7
/10

  • Diplomat Elementary School

  • 1115 NE 16th Ter

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-862456
5
/10

  • Hector A. Cafferata, Jr. Elementary School

  • 250 Santa Barbara Blvd N

  • 1.86 miles

  • Public District Grades KG-5

school-card-donut-862457
7
/10

  • Caloosa Elementary School

  • 620 Del Prado Blvd S

  • 3.16 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,532. The most common annual income of people living in Cape Coral, FL is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lee County›Cape Coral›33909›1302-1304 NE 16th Ter

This home is located at 1302-1304 NE 16th Ter in Cape Coral, FL and zip code 33909 in the Diplomat neighborhood. This home, which was built in 2006, sits on a 0.26 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $499,000.

In November 2024 more than 39 listings in Cape Coral, FL were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 210 were sold below. The number of homes for sale in Cape Coral, FL increased by 11% between October 2024 and November 2024. Listings spent 82 days on the market in November 2024, and had a median list price of $390,028 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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