3870 Belmont St, Fort Myers, FL 33916 is For Sale
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3870 Belmont St, Fort Myers, FL 33916

4 beds2 baths-- sqft

For Sale
$95,000
Zestimate®: $92,362
Est. Mortgage
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

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Investment Opportunity. This duplex generates cash of $ 1,400 per month with long term tenants in place and produces a 14% CAP rate ( $13,500 per year income potential). This property has new windows installed on both the upstairs and downstairs units in 2010 (with solar protection). Both units have new hot water tanks in 2013. The deck and stairs are new in 2010 (including the front deck). The inside was renovated in 2009 upstairs and 2011 for the downstairs unit. Brokered And Advertised By: Platinum Elite Realty LLC Listing Agent: Jason Jakus

Facts

  • Lot: 9,583 sqft
  • Single Family
  • Built in 1930
  • 88 days on Zillow
  • MLS #: 214040817

Features

  • Wired

      Other

      • Heating: Electric
      • Zillow Home ID: 2105864949

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $92,362
      -$3,099 Last 30 days
      $81K
      $106K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,004/mo
      -$55 Last 30 days
      $793
      $1.6K
      Zestimate range

      Popularity on Zillow

      960 views since listing
      1 all-time (chart)
      3 shoppers saved
      this home to their list of favorites

      Home Expenses

      Internet, phone and TV
      Home security
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      Neighborhood

      Market guide

      Zillow predicts 33916 home values will rise 5.5% next year, compared to a 4.2% increase for Fort Myers as a whole.

      Foreclosures will be a factor impacting home values in the next several years. In 33916, the number of foreclosures waiting to be sold is 108.9% greater than in Fort Myers, and 375.6% higher than the national average. This higher local number may prevent 33916 home values from rising as quickly as other regions in Fort Myers.

      Learn more about forecast calculations or 33916 home values.
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        Nearby Schools in Fort Myers

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org

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