5 months on rocket

431 NE 8th Terrace, Cape Coral, FL, 33909

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
2 Full Baths
2,184 SqFt
$227/SqFt
House

Location

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431 NE 8th Terrace, Cape Coral$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Paved, Garage Door Opener
Attached Garage2 spaces
Year Built2007
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front, Navigable Water, Seawall
ViewCanal, Lake
Private PoolYes
MLS #224055278
Lot Size0.24 Acres
StatusActive

About 431 NE 8th Terrace

CENTRALLY LOCATED, WATERFRONT NOT IN A FLOOD ZONE!! WOW!! SPACIOUS 2184 sq ft, 4 bedrooms, 2 bath pool home, is situated on BEAUTIIFUL LAKE ARROWHEAD! The FRESHWATER LAKE connects to the 120 ft Wide HERMOSA CANAL for Great Boating Adventures! A Screened Ornamental Entryway leads to a LIGHT and BRIGHT INTERIOR with SOARING CEILINGS, TRAY CEILINGS and many SPECIAL LIGHTING EFFECTS and FABULOUS VIEW of the POOL AREA and the LAKE! The home is surrounded by LUSH LANDSCAPING with many Palm Trees, Shrubs, Flowering Trees and Bushes and even has a built-in exterior wall PESTICIDE DISPENSER SYSTEM. There is ELECTRIC at the DOCK and the POOL CAGE IS LIGHTED! The HUGE PRIMARY SUITE encompasses the entire side of house from Front to Back with SLIDING GLASS DOORS leading to the Lanai and Pool area! Another PLUS is DUAL WALK-IN CLOSETS and GORGEOUS FAN/LIGHT! The HUGE PRIMARY BATH has DUAL SINKS, GARDEN TUB, WALK-IN SHOWER and private enclosed COMMODE! The other 3 bedrooms share a large bathroom with combo tub-shower and good size closets. This is also a POOL BATH with exterior door to pool. One of these bedrooms has MAGNIFICENT FRENCH DOORS opening to the POOL area! The SPACIOUS OPEN CONCEPT KITCHEN has extra tall cabinets with display area on top, a PANTRY, BREAKFAST BAR and room for table and chairs! The large DINING ROOM features a TRAY CEILING with beautiful hanging light and plenty of open space for a large dining table and extra chairs! The LIVING ROOM overlooks the POOL and the EXPANSIVE WATER VIEWS! It features A COFFERED CEILING with SPECIAL LIGHTING EFFECTS! The light and bright FAMILY ROOM is handy to the kitchen, LAUNDRY ROOM and GARAGE ENTRANCE. The OVERSIZED GARAGE has a LAUNDRY TUB and SERVICE DOOR on the side. Always prepared for HURRICANE with ELECTRIC ROLL-DOWN SHUTTERS on all sliders and French Door and ACCORDIAN SHUTTERS on windows! NEW ROOF 2022. Dishwasher 2022. Interior Painted 2022. This Home just needs a little TLC! Selling AS IS!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Ranch, One Story
  • Year Built: 2007
  • Stories: 1
  • Living Area: 2,184 SqFt

Listing Office:

  • Office Name: LocateHomes.com
  • Office Phone: (239) 443-3000
  • Listing Agent: Sharon Spencer

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Bathtub, Coffered Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, Walk-In Closet(s), Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Navigable Water, Seawall
  • View: Canal, Lake
  • Exterior: Sprinkler/Irrigation, Shutters Electric, Shutters Manual

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Paved, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: PINE ISLAND RD TO NORTH ON ANDALUSIA TO WEST ON TROPICANA TO NORTH ON NE 5TH AVE TO WEST ON NE 8TH TERRACE TO 431.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $227/SqFt
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Housing Market Comparison

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

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

431 NE 8th Terrace vs Cape Coral

172 DAYS ON ROCKET

+90 Days

$495,000

+$104.9K More

$227/SqFt

-$5 Less

KEY TAKEAWAY

This property is $104.9K more than the Median Sold Price and $5/SqFt less than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224055278

Listing Office:

  • Office Name: LocateHomes.com
  • Office Phone: (239) 443-3000
  • Listing Agent: Sharon Spencer

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, 8:20:53 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

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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-925021
5
/10
  • Hector A. Cafferata, Jr. Elementary School

  • 250 Santa Barbara Blvd N

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-925022
7
/10
  • Diplomat Elementary School

  • 1115 NE 16th Ter

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-925023
7
/10
  • Caloosa Elementary School

  • 620 Del Prado Blvd S

  • 2.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,004. Most Cape Coral, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 431 NE 8th Terrace

What is the listing price of this property?

The listing price of 431 NE 8th Terrace property is $495,000.

What type of property is this?

The property 431 NE 8th Terrace is a house located in Cape Coral, Florida, 33909.

Is this property for sale now?

Active Listing: 431 NE 8th Terrace is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 431 NE 8th Terrace has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 431 NE 8th Terrace is 2,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 431 NE 8th Terrace is 2007.

Rocket Homes›Florida›Lee County›Cape Coral›33909›431 NE 8th Terrace

This home is located at 431 NE 8th Terrace in Cape Coral, FL and zip code 33909 in the Diplomat neighborhood. This 2,184 square foot home, which was built in 2007, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $495,000.

In November 2024, from all listings sold in Cape Coral, FL there were more than 39 sold above asking price, over 210 sold below and more than 77 were sold right at the asked price. In November 2024 in Cape Coral, FL there were 11% more homes for sale than in October 2024. While the average time on the market in November 2024 was 82 days, the median list price was $390,028.

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

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