Off-Market Condo at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
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1121 Van Loon Commons Cir, Cape Coral, FL 33909

Unit - #201

$230,000

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Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909
Image of property at 1121 Van Loon Commons Cir, Cape Coral, FL 33909

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $188 per day and long-term for an average of $1,972 per month, based on similar listings in the area. Estimated short-term cap rate of 9.8%. Estimated long-term cap rate of 3.1%. Welcome to Van Loon Commons. This spacious 2-bedroom, 2 bath condo features 1531 square feet of living space plus a screened lanai, covered parking and outside storage. Conveniently located to shopping, restaurants, hospital, Pine Island corridor and all Cape Coral has to offer! The Association has recently replaced the stone coated steel roof (2023). A/C 2019, newer refrigerator and dishwasher. This second-floor, desirable END UNIT overlooks the clubhouse, with a short walk to all the amenities including a resort style pool and spa, billiards, library, fitness, walking trails and is pet friendly. Not in a Flood Zone. NO Assessments, seller has paid the first special assessment. Schedule your showing appointment today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
 $0
Rental Policy
 daily
Yearly Taxes
 $1941
Bedrooms
 2
Bathrooms
 2
SQFT
 1,531
Furnished
 N/A
Year built
 2005
Listing Status
 Off Market
MLS
 224095615
Short-term Rental Potential
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$39,084

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$150

Price/SQFT
Long-term Rental Potential
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$23,664

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,972/mo

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