106 SE 44th Ter, Cape Coral, FL 33904
SOLD! $234,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $365,000-$380,000
- Estimated Rehab: $30,000-$40,000
- Comparable Rent: $2,500-$2,600
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 3915 PALM TREE BLVD, CAPE CORAL, FL 33904 - 2/2 1,217 sqft SOLD $401k AUGUST 2022 (1976 build pool home, updated, not on the canal, and 1 car garage)
- Comp 2: 3669 SE 5TH CT, CAPE CORAL, FL 33904 - 2/2 1,152 sqft SOLD $379k AUGUST 2022 (1980 build, pool home, basic finishes, not on the canal, and 1 car garage)
- Comp 3: 142 SE 44TH TER, CAPE CORAL, FL 33904 - 2/2 1,121 sqft PENDING $375k 5 DOM (1978 build, pool home, clean finishes, not on the canal, and 2 car garage)
- Comp 4: 219 SANTA MONICA CT, CAPE CORAL, FL 33904 - 2/1 1,053 sqft PENDING $450k 12 DOM (1963 build, pool home, very basic finishes, direct canal access, and 1 car garage)
- Rehab Description: For a flip or rental this needs cosmetic updates to the bathrooms, fixtures, some of the carpet/linoleum flooring, and pool water treatment. Pool enclosure needs to be re screened. Roof needs shingle replacement. Central air may need to be serviced and has permitted work from 2017. Apply fresh interior/exterior paint, deep clean throughout, junk removal, and do some landscape cleanup to make the exterior shine!
- Features: Pool Home in South Cape Coral!?! This 2 bedroom, 2 bathroom concrete block home features 1,103 living sqft, has an attached 1 car garage, chainlink fenced yard, in ground pool with lanai enclosure, screened front entry, and sits on a .23 acre lot. Being offered at a stellar price in a prime location as an excellent flip or rental!
- Important Details: --> 30 Day Post-Closing Occupancy with $10,000 Escrow Holdback --> Roof had permitted work from 2022, but some shingles will need to be replaced, roof on the backside had a tarp over it
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab