11330 W Highway 318
About This Property
Seller offering owner financing with 30% down and terms to be discussed!
3+/- acres in NW Horse Country, nice and private and mostly cleared. There's a brand new pole barn with a storage room and room for a couple stalls or toys, brand new well and electric has been hooked up as well! This is a great spot to build, beautiful setting and easily accessible. A great location, only a few minutes to WEC Jockey Club, 25 min to WEC, 15 min to HITS, 30 min to Gainesville and 30 min to downtown Ocala.
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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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by KELLER WILLIAMS CORNERSTONE RE | $199,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
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KELLER WILLIAMS CORNERSTONE RE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM662515
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017