1926 NW 50th CIRCLE
About This Property
undersized about its 19,000 square-foot clubhouse. A fitness center, indoor pool, arts and crafts studio, card
room, multi-purpose room, sewing studio, billiards room, table tennis, and a library that provide plenty of space
for recreation, relaxation and activities. The Magnolia ballroom also serves as a great space where residents can
gather for meetings, parties, and events. Residents have spectacular outdoor amenities as well. Active adults
can swim in the outdoor pool, lounge on the sundeck, soak in the spa, or play at one of the tennis, bocce ball,
and shuffleboard courts. There is also a horseshoe pit, volleyball court, and croquet lawn that keeps residents
active with friendly competition in any of these sports. For the Golfers (membership required) there is an 18-
hole Ocala Palms Golf Course is one of the premier courses in central Florida. The 6,500-yard, par-72 course
provides a formidable challenge for golfers of all skill levels. Golfers can also practice on the driving range and
putting green so they can step up their golf game skills.
The garage also features a screen-only door
Amenities Fee $262.80 Monthly View Amenities on Website: https://www.ocalapalmsresidents.com/
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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