๐Ÿก Sub-To & Seller Finance GorgeousNew Construction S.F.R Pool Home in Cape Coral, FL! ๐Ÿก

Lee County, Cape Coral, FL, 33991 view full address
For Sale
Listed at: March 24th, 2024
Price
$35,000
ARV
$600,000
Sq. Footage
1877
Type
Single-Family
Parking
Attached Garage
Year build
2022
Lot size
0.24 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

๐Ÿก Gorgeous Single-Family Investment Opportunity in Cape Coral, FL! ๐Ÿก1877

Property Details:

โ—        Address: XXX SW 31st Pl Cape Coral, Florida 33991

โ—        Home Type: Single Family

โ—        ๐Ÿ  Year Built: 2022

โ—        ๐Ÿ“ Square Feet:  1,877 sqft

โ—        ๐Ÿ’ธ Property Taxes: $9,166.0/year

โ—        ๐Ÿ  Layout: 4 Bed / 3 Bath / 1 Car / Pool

โ—        ๐Ÿฆ Last Sale: $539,000 (10/18/2024)

โ—        ๐Ÿ  Lot Size:  0.241 acres

โ—        ๐Ÿงพ Parcel Number: 17-44-23-C1-03942.0360

                                                                                                                                                               .

๐Ÿ’ฐ Financial Highlights: Sub-To / Seller Finance / Hybrid

โ—        ๐Ÿ’ต Entry Price / Fee: $35,000 + C.C & T.C

โ—        ๐Ÿ’ธ Closing Costs + TC: 6%-10%

โ—        ๐Ÿ”จ Rehab Needed: $5,000

โ—        ๐Ÿ“Š ARV: 600,000

โ—        ๐Ÿ’ต Mtg. Balance: 1st Mtg: $400,634 / 2nd Mtg: $68,000 / 3nd Mtg: 135,000

โ—         % Interest Rate: 1st Mtg: 6% / 2nd Mtg: 4% (I/ O) / 3nd Mtg: 5.25% (I/ O)  

โ—        ๐Ÿงพ Loan Term: 1st Mtg: 36-48 mths / 2nd Mtg: 36-48 mths /  3nd Mtg: 36-48 mths

โ—        ๐Ÿ’ต Seller Financing: $183,000 / 4.62% Blended Rate (I / O) / 3-4 Years / $729.80 Payment

โ—        ๐Ÿงพ Monthly Payment (PITI): 1st Mtg: $3,568.00 / 2nd Mtg: 226.67 / 3nd Mtg: 503.13

โ—        ๐Ÿ’ต Monthly Expenses: $548.00 (Includes Prop Mgmt Co.)

๐Ÿ’ธ Monthly Income: (1) STR: $7,000    (2) MTR: $5,000        

                                                                                                                                                                       .    

๐Ÿ—๏ธ Construction & Materials:

โ—        ๐Ÿ”จ Condition: Excellent. (Built 2022 & Remodeled in 2024) Has Yet to be Lived In.

โ—        ๐Ÿ  Stories: 1

โ—        ๐Ÿ”ง Exterior: Concrete Block / Stucco

โ—        ๐Ÿš— Garage: 2-Car Attached

โ—        ๐Ÿงฑ Basement: No

โ—        ๐Ÿ”ฅ Fireplace: No

โ—        ๐ŸŒก๏ธ Heating: Forced Air Unit / Central Heat

โ—        โ„๏ธ Cooling: Central A/C

                                                                                                                                                                       .

Why XXX SW 31st Pl. is a Great Investment:

๐Ÿ’ผ Investment Potential: With an AVM of $600,694 and a low last sale price of $539,000, this property offers significant upside potential. The 2022-built home has a lot of charm that was restored and modernized to increase its market value.

๐Ÿ’ก Renovator’s Dream: The property provides a blank canvas for income and improvements, allowing you to customize and enhance its features and income / rental structure. Given the solid structure and classic design, you can create a desirable living space or rental property.

๐Ÿ“ˆ Growth Opportunity: Situated in a well-connected area, Cape Coral, FL, has been experiencing growth in property values. This home is ideal for investors looking to capitalize on this trend and secure a high return on investment.

                                                                                                                                                                           .

Prime Location in Cape Coral, FL:

๐Ÿšถ Walkable Neighborhood: Located in a convenient area with access to local amenities, schools, and public transportation. The property is well-positioned to attract tenants or future buyers, making it a smart buy-and-hold investment.

๐Ÿก Residential Appeal: The single-family home is nestled in a quiet, established neighborhood, offering a great opportunity to create a cozy, welcoming environment for residents.

                                                                                                                                                                             .

โš ๏ธ NON-Refundable EMD

WE HAVE A PREFERRED LENDER WHO DOES 90%-100%% FINANCING!** Are you an experienced investor with at least 6 completed flips?  Our preferred lender offers exclusive 100% financing for your next project. Take advantage of this incredible opportunity to maximize your investment potential with zero upfront costs!

Take the first step toward a prosperous investment future!

๐Ÿ“œ Important Notes & Disclaimers

Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major partners in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you. We are under contract with the seller of this property and are therefore a PRINCIPAL in the transaction. Buyers are encouraged to perform their own due diligence regarding properties. Information provided is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.

๐Ÿš€ Don’t Miss Out on This Unique Investment Opportunity! ๐Ÿš€

๐Ÿ“ž Contact Us Today: Michael 646-530-4012 / Frank 929-285-7330 / Monica 929-429-9110
๐Ÿ“ง Email 1: Owners@RecoveREHoldings.com

๐Ÿ“ง Email 2: Frank@RecoveREHoldings.com

Submit Your Offer and Secure This Deal Before It’s Gone!

This disclosure statement is designed to disclose to a buyer that all known materials or adverse facts relating to the physical condition of the property that are not readily observable are to be disclosed to Buyer. As stated in the Purchase and Sale Agreement with Seller, the property is being sold in its present condition only, without warranties of guarantees of any kind by Seller. No representations concerning the condition of the property are being relied upon by me except as disclosed in the Purchase and Sale Agreement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact