One-Story
For Sale
$563,000
4212 SE 19th Place A, Cape Coral, FL 33904
RML-zoned property with central electric systems, a fenced exterior, and ranch-style construction.
Property Size2,588 SF
Days on Market63
Property Features for 4212 SE 19th Place A
General Information
Standard status
Active
Size
2,588 SF
Property subtype
Residential Income
Zoning
RML
Net Operating Income
$34,620
Taxes and HOA fees
Annual Taxes
$6,666
Amenities
Laundry, Park
Central Air, Electric
Central, Electric
Fenced
Ranch, One Story
Building Details
Building Size
2,588 SF
Year Built
1974
Stories
1
Listing Agency:
Home Hunters USA, Inc
(239) 671-3511
Listed By:
Katherine McCaw · License #251536436
(239) 671-3511
Source:
Evrealestate
Added: Jun 30
Changed: Aug 16
Last Checked: Aug 31 at 12:45PM
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 Home Hunters USA, Inc
Investment Insights
Based on property information with market context.
This duplex is a one-story, ranch-style property with a fenced exterior. Interior features include central air and electric systems. Constructed in 1974, the property carries RML zoning.
The property is located at 4212 SE 19th Place A in Cape Coral, Lee County. From Beach Parkway, travel east to SE 19th Place, turn right, and the property is on the right.
The property is located at 4212 SE 19th Place A in Cape Coral, Lee County. From Beach Parkway, travel east to SE 19th Place, turn right, and the property is on the right.
Key Highlights
- Duplex property with one‑story ranch‑style construction
- Built in 1974
- RML zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,256
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,120
$685.1K
Cap Rate 7%
$489,371
$489.4K
Cap Rate 9%
$380,622
$380.6K
Market Conditions
NOI Build-Up for 2,588 SF
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.
Gross rent
$51.2K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$48.9K $18.91/SF
− OpEx
−$14.7K −$5.67/SF
NOI
$34.3K $13.24/SF
Area
Cape Coral, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,120
Cap Rate 7%
$489,371
Cap Rate 9%
$380,622
Alternative Uses
Best Use
Multifamily LT 5
$489.4K
$428.2K – $570.9K
NOI $34,256 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$453.5K
$396.8K – $529.1K
NOI $31,745 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$671.5K
$587.6K – $783.4K
NOI $47,006 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 33904, FL
32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - RML-zoned property with central electric systems, a fenced exterior, and ranch-style construction.
Where is this duplex located?
The property is located at 4212 SE 19th Place A Cape Coral, FL.
What is the asking price?
The asking price for this property is $563,000.
What are key features of this property?
This property features: Duplex property with one‑story ranch‑style construction; Built in 1974; RML zoning
