18436 NW 4TH TERRACE
About This Property
Inside, the home features a split-bedroom concept for added privacy and a spacious open living room that flows directly into the kitchen, making it ideal for entertaining or relaxing after a day on the water.
With several improvements already underway, there's a unique opportunity for the next owner to step in and finish the updates to their own style and vision-adding immediate value and potential equity.
Set in the heart of quiet country living, yet only a short drive to Ocala and Gainesville, this property combines the charm of Old Florida with the convenience of nearby city amenities.
Whether you're looking for a vacation rental, seasonal retreat, or long-term investment, this property is ready for your vision. With its ideal location, waterfront lifestyle, and strong potential-all at a price point you don't want to miss-this is the perfect canvas to turn into the getaway of your dreams while building lasting value.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017