Duplex With Attached
For Sale
$450,000
836 Trafalgar Parkway, Cape Coral, FL 33991
Two matching residential units offer private outdoor areas, fenced yards, and convenient access to everyday amenities.
Property Size2,624 SF
Price / SF$171.49
Days on Market10
Property Features for 836 Trafalgar Parkway
General Information
Standard status
Active
Size
2,624 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R1
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,512
Building Details
Year Built
1979
Stories
1
Listing Agency:
Starlink Realty, Inc
(239) 839-9681
Listed By:
Adiel Figueroa · License #3568348
(239) 839-9681
Source:
Laerrealty
Added: Aug 20
Changed: Aug 23
Last Checked: Aug 29 at 6:12AM
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 Starlink Realty, Inc
Investment Insights
Based on property information with market context.
This R1-zoned duplex contains two matching units totaling 2,624 square feet. Each residence includes two bedrooms, two full bathrooms, an eat-in kitchen, a naturally bright living room, and substantial interior storage. Primary bedrooms feature walk-in showers, while the guest bathrooms include tub-and-shower combinations. The property was built in 1979 and provides an attached one-car garage for each unit.
Outdoor space includes a screened lanai or south-facing porch for each residence, along with a large fully fenced backyard. The property is positioned near local schools, shopping centers, sports fields, and dining options in Cape Coral, Florida.
Outdoor space includes a screened lanai or south-facing porch for each residence, along with a large fully fenced backyard. The property is positioned near local schools, shopping centers, sports fields, and dining options in Cape Coral, Florida.
Key Highlights
- Two‑unit duplex with 2,624 square feet
- Each unit includes 2 bedrooms and 2 full bathrooms
- Attached 1‑car garage provided for each side
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
$34,732
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
7.72%
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%
$694,640
$694.6K
Cap Rate 7%
$496,171
$496.2K
Cap Rate 9%
$385,911
$385.9K
Market Conditions
NOI Build-Up for 2,624 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
$52.0K $19.80/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$49.6K $18.91/SF
− OpEx
−$14.9K −$5.67/SF
NOI
$34.7K $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%
$694,640
Cap Rate 7%
$496,171
Cap Rate 9%
$385,911
Alternative Uses
Best Use
Multifamily LT 5
$496.2K
$434.2K – $578.9K
NOI $34,732 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$459.8K
$402.3K – $536.5K
NOI $32,187 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$680.9K
$595.8K – $794.3K
NOI $47,660 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 33991, FL
26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residential units offer private outdoor areas, fenced yards, and convenient access to everyday amenities.
Where is this duplex located?
The property is located at 836 Trafalgar Parkway Cape Coral, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,624 square feet; Each unit includes 2 bedrooms and 2 full bathrooms; Attached 1‑car garage provided for each side
