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16104 SW 48TH CIRCLE
About This Property
Inside, the bright and open layout features a fully renovated kitchen with contemporary cabinetry and stainless-steel appliances, and tastefully updated bathrooms that have a clean, spa-like feel. The primary suite provides generous space and comfort, while the living and dining areas flow effortlessly for both everyday living and entertaining. A 2022 roof adds major peace of mind, and the expansive lot with a storage shed gives you room to breathe-perfect for outdoor living, gardening, pets, or future enhancements.
The location is very convenient, as you're just minutes from the SR-200 corridor, offering quick access to Publix, Walmart, Sam's Club, restaurants, cafes, and everyday conveniences. Healthcare is close by with West Marion Hospital and multiple medical offices in the area. Outdoor lovers will appreciate the proximity to parks, walking trails, and the Florida Greenway, along with easy access to equestrian and recreational attractions. Commuting is simple with fast access to I-75, making this one of the most convenient pockets of SW Ocala.
Homes with this level of updating, space, and location are rare. Call today to schedule your private showing!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017