Single Family Residence at 4317 NW 40TH TER, CAPE CORAL
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42 photos

$315,000

4317 NW 40TH TER
CAPE CORAL, FL 33993
Listed by Liz Wiggins · TREND REALTY
Bedrooms
4
Bathrooms
2
Living area
1,712 sqft
Year built
2007

About this home

Skip the new-construction wait and the assessment bill. 4 bed, 2 bath, 1,712 sq ft, 2-car garage in NW Cape Coral. No HOA. No CDD. Fully fenced 0.23-acre lot. Pet-friendly. Pool-ready. Never flooded. You move in now. This is the cost difference most listings skip: well and septic with a water softener already in place. No city water or sewer assessment today. Next review is not scheduled until 2045 or later. Buyers in other northern Cape sections are already paying $25,000–$35,000+ assessments plus higher monthly utilities. This owner keeps nearly 20 years of lower carrying costs. The work is done. New roof 2022. New A/C 2022. New water heater 2024. Hurricane-rated front door 2024. Updated kitchen and both baths. Tile throughout. Open concept, split bedrooms, cathedral ceilings. Expanded screened lanai, covered deck, gazebo, and irrigation. Room for a pool. One-year home warranty included. Seller relocating. Compare the payment on a finished, fenced home with no assessment to a new build that still needs time, yard, and a utility bill.

Property details

MLS
Stellar MLS
MLS #
MFRA4691858
Property type
Single Family Residence
Subdivision
CAPE CORAL
Status
Active
Days on market
165
On market date
April 30, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
OASIS ELEMENTARY CHARTER SCHOOL-NORTH
6.22 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
771
Student:teacher ratio
15.4:1
District
LEE
Middle
MARINER MIDDLE SCHOOL
6.03 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,040
Student:teacher ratio
18.9:1
District
LEE
High
MARINER HIGH SCHOOL
5.82 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,690
Student:teacher ratio
22.2:1
District
LEE

Walkability

Blended score for CAPE CORAL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.0 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CAPE CORAL, from live MLS data.

On the market 165 days -- 32 more days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 643 active listings in CAPE CORAL right now is $265,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,047/mo
$63,000 down
$252,000 loan
Principal & interest$1,634
Property tax (est.)$263
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.