3510 Ne 18th Pl
Property Size: 2,138 sq ft
Year Built: 2005
Property Class: B3
Longitude: -81.936 Not Offered for Sale
Our records indicate this property is not currently for sale but we may be
able to find something similar. Contact us for details.
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Visulate is a real estate brokerage based in Merrit Island, Florida.
We have assembled a database with details of every property in Florida.
Finding the property on our site does not necessarily mean it is for sale or rent at this time.
Contact us if you want to buy or sell real estate in Cape Coral:
Please quote reference number:
3557040 in your email Visulate Support for REITs and Private Equity Firms
Lee County, Florida
Lee County is located in the southwest Florida region. Top industries currently providing employment are trade, transportation, and utilities; leisure and hospitality; education and health services; and professional and business services. Historically, Lee County was best known for its agricultural industry and still heavily produces crops such as sweet corn, cucumbers, peppers and potatoes. Seafood is also largely produced in Lee County.
Annually, over five million pounds of fish and two million pounds of shellfish are harvested in Lee County. However, today the most dominant industries are tourism, construction, and other service related industries. Florida Gulf Coast University, Florida's newest public university, is also located in Lee County. Major private sector employers in Lee County are Publix Supermarkets, Wal-Mart, Chico's FAS Inc, Bonita Bay Group, and WCI Group. Top public sector employers are Lee County School District, Lee County Administration, Lee County Sheriff's Office, and City of Cape Coral. The communities in the Southwest Florida area include: Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, North Fort Myers, San Carlos Park, Sanibel/Captiva, and South Fort Myers. Incorporated communities are Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs, and Sanibel.
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3510 Ne 18th Pl, Cape Coral, FL on Zillow
Recent Sales near 3510 Ne 18th Pl, Cape Coral, FL on Realtor.com
3510 Ne 18th Pl, Cape Coral, FL on Google Maps
Cape Coral, FL Property Values on Trulia
Demographic Data for Zipcode 33909 from City-Data.com
Cape Coral Demographics from City-Data.com
Phone numbers and opening hours for businesses in the 33909 Zipcode Owner Details
Date Sold By Sold To Deed Type Price
67,000.00 Lee County Real Estate - Cape Coral Cape Coral
Cape Coral is located in Lee County and borders the Gulf of Mexico. Cape
Coral is the largest city between Miami and Tampa and has more miles of canals than any other city in the world. The main
industries in Cape Coral include local government services, health care, retail, and real estate/ construction. The top employers
for Cape Coral are Lee County School District, Cape Coral City Hall, Publix Supermarkets, Cape Coral Hospital, and
Cape Coral is in
South West Florida. It's population as recorded in
the 2010 Census was 154,305.
The median age for residents of Cape Coral is 42.4. Around 32.2% of Cape Coral households
include school aged children and 30.6% of households include individuals aged 65 years or over. Census records indicate 88.1% of
the Cape Coral population are White, 4.2% are Black or African American, .3% American Indian, 1.5% Asian and 2.3% are Two or more
There are 78,948 housing units in Cape Coral. 18,181 (23%) of these were reported as vacant in the 2010 Census.
Cape Coral is a tourist destination, 36.8% (6,706) of it's vacant housing units were classed as seasonal, recreational or for
occasional use. There are 19,368 residential rental units in Cape Coral. 16,693 of them were occupied in 2010 providing a
residential rental vacancy rate of 12.9%.
Cape Coral links:
Local Household Income
The median household income in this part of Florida is $60,366.
The bottom 10% of the population earn less than $20,960 per year.
The top 10% earn more than $130,584 per year. The top 1%
earn more than $445,411 per year.
Most renters earn
between $32,844 (20th percentile)
and $51,024 (80th percentile) per year.
Source: US Census American Community Survey -
2007-2011 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $1,052.
Most renters earn
and $4,252 per month.
They typically spend 33% of their monthly income on rent.
Most rents fall in the $837 (20th percentile)
to $1,326 (80th percentile) range.
The residential vacancy rate is 9%.
Estimated Value: 3510 Ne 18th Pl
In 2013 class A single family properties in Cape Coral sold for $62.31 to
361.92 per sq ft with a median price per sq ft of
$79.25. Class B properties sold for $39.69 to
62.30 per sq ft with a median of
$49.07 and class C properties sold for $10.01 to
39.68 per sq ft with a median of $36.61.
3510 Ne 18th Pl appears to be a B Class property. Suggested value: $92,220
High Median Low
Income Valuation - Residential/Gross Lease
Visulate estimates the income value of this property is
Details of how we produced this estimate value appear below:
The income value of a property identifies its value as a rental property,
Value = Rent - Expenses / Cap Rate. The following table shows four different
rent estimates for 3510 Ne 18th Pl:
Household Income estimate assumes the
tenant has a total household income of $26,200 and spends 33% of this on rent. The household income estimate is derived from census
data and tax records. The
Household Income - Renters estimate performs a similar calculation based
on the household income of renters rather than all households. The
Market Rents estimate evaluates this property in comparison to rental properties in the area. The
Price/Ft estimate uses the size of the property to estimate its rent.
Click on a rent value to download a spreadsheet that estimates the NOI
(net operating income), cash on cash return, income value and IRR (internal rate of return)
for this property.
Valuation Model Monthly Rent Household Income - All Households $721 Household Income - Renters $866 Market Rents $782 Price/Ft $1,680
Census data records show 9% of the rental properties
in this area are vacant. We've added a 5% bad dept allowance to this.
Maintenance costs are estimated based on the size of the property.
The property tax estimate uses the
average millage rate for the county. It does not include adjustments for city or unincorporated
areas. Actual taxes may vary.
Insurance estimates are based on the size and location of the
property. They are not adjusted for age, flood zone or other risk factors
We don't have a way to estimate HOA fees. These should be added manually
The following table shows a income valuation estimate for 3510 Ne 18th Pl.
Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and
assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to
Monthly Rent 782
Annual Rent per Sq Ft 4.00
Gross Annual Rent 9,382
Vacancies and Bad Debt 14%
Vacancies and Bad Debt Amount 1,313
HOA, Utilities and CAM 0
Property Taxes 1,413
Management Fees 938
Cap Rate 7
Estimated Value 50,386
Edit Values and Estimate Cashflow
Save to Google Drive (Google login required)
Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.
Disclaimers and Disclosures
Public Records Data
The information on this page was compiled from public records.
It is deemed reliable but not guaranteed to be an accurate snapshot of the
property details at the time the snapshot was taken. All information should be independently verified.
The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.
In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.