1081 OLD GAINESVILLE Highway
About This Property
Home needs very minimal work. Has a 22KW Generac generator for power outages. Large galley kitchen. Lots of cabinet and storage. Split floor plan. Large bedrooms and closets.
Large screened back porch and smaller back porch. Laminate flooring for easy care.
Front porch with an amazing view of Lake Ida.
Listed By
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2026 | Listed by INTERLACHEN REALTY SERVICES, INC | $167,700 | |
| Listed by INTERLACHEN REALTY SERVICES, INC | |||
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$164,900
↓ $10K
(5.8%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by INTERLACHEN REALTY SERVICES, INC | $175,000 | |
| Listed by INTERLACHEN REALTY SERVICES, INC | |||
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The 4/2 manufactured home lies between Lake Ida and Twin Lake. It's been recently renovated but could still use some personal touches to make it your own. It comes with a Generac system to protect you against power outages in the event of bad weather. Located just 15 minutes west of Palatka, it's an hour or less from Gainesville and St Augustine. If you're a fisherman or hunter, the Rodman Reservoir, St Johns River and Ocala National Forest are just a short drive away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017