New Duplex in Cape
4332/4334 Santa Barbara Boulevard Cape Coral, FL 33914
4332/4334 Santa Barbara Boulevard, Cape Coral, FL, 33914
$538,900
Pending
For Sale
$538,900
Pending
New duplex in SW Cape Coral with rental income potential.
Property Size2,200 SF
Lot Size0.23 Acres
Days on Market622
Property Features for 4332/4334 Santa Barbara Boulevard
General Information
- Standard status
- Pending
- Size
- 2,200 SF
- Lot size
- 0.23 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing Agency
Jones & Co Realty
(239) 898-0565
Listed by
Ilan Kedem · License #258006340
(239) 898-0565
Source
Exitrealty
Added: Nov 5, 2024 Checked: Jul 19 at 4:16 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones & Co Realty
Investment Insights
Based on property information with market context.
This brand new duplex is located in Southwest Cape Coral. Each side of the duplex offers 3 bedrooms, 2 baths, a 1-car garage, and 1100 square feet of living area. The units feature new stainless steel appliances and tile throughout. The kitchen is open to the living room, creating a bright and sunny atmosphere. The property is situated close to downtown, schools, restaurants, and shopping. It presents a great investment potential for rental income, with the option to live on one side and rent out the other. The assessment is paid.
Key Highlights
- Brand new duplex built in 2024 offering immediate occupancy.
- Assessment paid, saving you significant upfront costs.
- Investment potential: live on one side and rent the other for rental income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $19.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $41.6k | $18.91 |
| − OpEx | −$12.5k | −$5.67 |
| NOI | $29.1k | $13.24 |
2,200 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.0K
$364.0K – $485.3K
NOI $29,120 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$385.5K
$337.3K – $449.8K
NOI $26,986 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$570.8K
$499.5K – $666.0K
NOI $39,959 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - New duplex in SW Cape Coral with rental income potential.
Where is this duplex located?
The property is located at 4332/4334 Santa Barbara Boulevard Cape Coral, FL.
What is the asking price?
The asking price for this property is $538,900.
What are key features of this property?
This property features: Brand new duplex built in 2024 offering immediate occupancy.; Assessment paid, saving you significant upfront costs.; Investment potential: live on one side and rent the other for rental income.
