1509 NE 46TH ROAD
About This Property
This beautiful 3 bedroom 2 full bath home with attached 2 car garage. Home has recently been painted inside
and out with Brand new roof in 2025. Open floor plan with large kitchen and eat in breakfast area. Nice
screened in porch off the back with large backyard. This home also has an alley way in back for extra access
and parking. No other homes for sale in this subdivision. Close to everything from shopping, Appleton
museum across the street and close to Silver Springs and the ocala national forest. Painted garage floor and
ceiling fans throughout the home. Mature landscaping. This home will not last.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Relisted | $299,900 | |
| Relisted | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Price Increased |
$299,900
↑ $900
(0.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017