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Pending
    • Price cut: $5K (5/18)
    $205,000

    3918 NW 40th TER, CAPE CORAL, FL 33993

    3beds
    1,180sqft
    : 
    $1,349/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    10,628 Square Feet Lot
    $203,600 Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Two-car garageWell-sized bedroomsOpen-concept livingContemporary designSpacious great room layoutImpact windows and doorsBreakfast seating area
    Built in 2023, this modern Cape Coral residence offers contemporary design and open-concept living in a desirable Northwest location. The home features a spacious great room layout, well-sized bedrooms, and a kitchen appointed with granite countertops, stainless steel appliances, and breakfast seating area. Impact windows and doors provide added durability and natural light throughout the interior. Situated on a dry lot with no HOA restrictions and a two-car garage, this property offers flexibility for both owner-occupants and investors seeking newer construction at an attractive value. Conveniently located near shopping, dining, parks, and major roadways, with easy access to Pine Island Road and surrounding amenities. The home may require repairs and/or updates, and buyers should conduct their own inspections to determine condition. Agents: Please review all private remarks prior to scheduling a showing.
    150 days
    |
    105
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon McLeod, PA 239-357-8938,

    Keller Williams Elite Realty

    Source: SWFLMLS,MLS#: 226008650MLS LogoOriginating MLS: Naples

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Open Porch/Lanai, 3 Bed
      Primary bedroom
      • Dimensions: 15 x 11
      Bedroom
      • Dimensions: 9 x 5.5
      Bedroom
      • Dimensions: 10 x 11
      Dining room
      • Dimensions: 8 x 8
      Garage
      • Dimensions: 20 x 16
      Kitchen
      • Dimensions: 11 x 9
      Living room
      • Dimensions: 15 x 13
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Inside
      Features
      • Built-In Cabinets, Smoke Detectors, Vaulted Ceiling(s), Walk-In Closet(s), Window Coverings, Laundry in Residence, Open Porch/Lanai
      • Flooring: Tile
      • Doors: Impact Resistant Doors
      • Windows: Window Coverings, Impact Resistant Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 1,582
      • Total interior livable area: 1,180 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio, Open Porch/Lanai
      • Has view: Yes
      • View description: Landscaped Area
      • Waterfront features: None
      Lot
      • Size: 10,628 Square Feet
      • Features: Regular
      Details
      • Parcel number: 184323C405504.0050
      • Zoning: R1
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Concrete Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Softener, Well

      Community & HOA

      Community
      • Features: No Subdivision
      • Security: Smoke Detector(s)
      • Subdivision: CAPE CORAL
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $247,265
      • Annual tax amount: $4,205
      • Date on market: 2/27/2026
      • Lease term: Buyer Finance/Cash,CASH ONLY,FHA,None/Other,VA
      • Contingency: Third Party Approval

        Estimated market value

        $203,600

        $193,000 - $214,000

        $2,485/mo

        Price history

        DateEventPrice
        5/29/2026Pending sale$205,000$174/sqft
        Source: SWFLMLS #226008650 Report a problem
        5/18/2026Price change$205,000-2.4%$174/sqft
        Source: SWFLMLS #226008650 Report a problem
        5/11/2026Price change$210,000-2.3%$178/sqft
        Source: SWFLMLS #226008650 Report a problem
        5/4/2026Price change$215,000-4.4%$182/sqft
        Source: SWFLMLS #226008650 Report a problem
        4/20/2026Price change$225,000-5.9%$191/sqft
        Source: SWFLMLS #226008650 Report a problem
        4/7/2026Price change$239,000-4.4%$203/sqft
        Source: SWFLMLS #226008650 Report a problem
        3/18/2026Price change$250,000-7.1%$212/sqft
        Source: SWFLMLS #226008650 Report a problem
        2/27/2026Listed for sale$269,000-18%$228/sqft
        Source: SWFLMLS #226008650 Report a problem
        2/4/2026Listing removed$2,000$2/sqft
        Source: Florida Gulf Coast MLS #225046232 Report a problem
        6/6/2025Price change$2,000-23.1%$2/sqft
        Source: Florida Gulf Coast MLS #225046232 Report a problem
        5/14/2025Listed for sale$328,018+4.5%$278/sqft
        Source: SWFLMLS #225046785 Report a problem
        5/13/2025Listed for rent$2,600$2/sqft
        Source: Florida Gulf Coast MLS #225046232 Report a problem
        9/19/2024Sold$314,000+4.7%$266/sqft
        Source: Florida Gulf Coast MLS #224005708 Report a problem
        9/14/2024Listed for sale$299,900$254/sqft
        Source: SWFLMLS #224005708 Report a problem
        8/29/2024Pending sale$299,900$254/sqft
        Source: SWFLMLS #224005708 Report a problem
        7/13/2024Price change$299,900+3.4%$254/sqft
        Source: SWFLMLS #224005708 Report a problem
        7/5/2024Price change$289,900-3.4%$246/sqft
        Source: SWFLMLS #224005708 Report a problem
        4/25/2024Price change$299,999-7.1%$254/sqft
        Source: SWFLMLS #224005708 Report a problem
        2/23/2024Listed for sale$323,000-5.8%$274/sqft
        Source: SWFLMLS #224005708 Report a problem
        2/5/2024Listing removed--
        Source: Coconut Coast Realtors #224005708 Report a problem
        1/17/2024Listed for sale$343,000$291/sqft
        Source: Florida Gulf Coast MLS #224005708 Report a problem
        1/1/2024Listing removed--
        Source: Florida Gulf Coast MLS #223047866 Report a problem
        6/29/2023Price change$343,000+18.7%$291/sqft
        Source: Florida Gulf Coast MLS #223047866 Report a problem
        12/23/2022Listed for sale$289,000+6468.2%$245/sqft
        Source: Florida Gulf Coast MLS #222089952 Report a problem
        11/24/2021Listing removed--
        Source: Florida Gulf Coast MLS #221074392 Report a problem
        3/4/2021Sold$4,400$4/sqft
        Source: Public Record Report a problem
        12/8/2020Sold$4,400-91.4%$4/sqft
        Source: Florida Gulf Coast MLS #220047982 Report a problem
        3/3/2005Sold$51,400+5040%$44/sqft
        Source: Public Record Report a problem
        8/2/2002Sold$1,000$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,206 -15.4%$247,265 -3.8%
        2024$4,974 +705.5%$256,933 +3069.3%
        2023$617 +16.1%$8,107 +10%
        2022$532 +13%$7,370 +10%
        2021$471 +7.7%$6,700 +11.7%
        2020$437 -2.1%$6,000 -35.5%
        2019$447 $9,300
        2018$447 +2%$9,300 +26.6%
        2017$438 +10.9%$7,348 +16.6%
        2016$395 +9.2%$6,300 +5%
        2015$361 +9.3%$6,000 +10.1%
        2014$331 -0.6%$5,452 +36.3%
        2013$333 +80.5%$4,000 +14.3%
        2012$184 -7.8%$3,500 -20.5%
        2011$200 -18.1%$4,400 -27.9%
        2010$244 -5.9%$6,100 -15.3%
        2009$260 -20%$7,200 -52%
        2008$325 -44.7%$15,000 -50%
        2007$588 -56.8%$30,000 -58.3%
        2006$1,360 +484.6%$72,000 +706.3%
        2004$233 +135.9%$8,930 +215.5%
        2003$99 -4.4%$2,830 +88.7%
        2002$103 $1,500 -35.6%
        2000-- $2,330
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33993

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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