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Ocala 34475
1941 NW 4th STREET
$105,000
● House - Off Market

1941 NW 4th STREET

OCALA, FL 34475
bedrooms
2 Beds
bathrooms
1 Bath
square feet
772 Ft²
$108,561
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Starter home with Great upside. Price just right for positive cash flow on your investment.  This 2/1 block home can be rented for $1050. Currently vacant and ready for your new tenant since it is move in ready right after closing. Home has updated floors, kitchen and metal roof! This one won't last. Call for showing TODAY!
Unit Size
772 Ft²
Days on Market
66 days
Land Size
0.12 acres
Price per sqft
$136
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #O6033494)

Price History

Date / Event Date Event Price
Aug 19, 2022 Sold
Premium
Sold
Jun 11, 2022 Listed by SYNDICATED REALTY & DEVELOPMENT GROUP INC $105,000
Listed by SYNDICATED REALTY & DEVELOPMENT GROUP INC
Oct 31, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 560
  • Total Building Area: 672
  • Gross Building Area: 1,186
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 19
  • Heated Square Feet: 672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADISON HEIGHTS
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 13 TWP 15 RGE 21 PLAT BOOK F PAGE 047 MADISON HEIGHTS BK C LOT 8

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 162
  • Parcel: 22674-000-00
  • Block: C
  • Lot: 8
  • Meridian: SEC 13 TWN 15S RNG 21E
  • Municipality: OCALA
  • Latitude: 29.19
  • Longitude: -82.1575

    Address

  • Full Address: 1941 Nw 4th St
  • Address - House Number: 1941
  • Street Direction: NW
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: C021
  • 4-Digit Zip Code: 6030
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $128,903
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.1005
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 90
  • Final Value: 85,620
  • High Value: 94,226
  • Low Value: 77,015

    Market Valuation

  • Market Total Value: $57,783
  • Market Land Value: $8,000
  • Market Improvement Value: $49,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,783
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $49,783

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 121755
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 17, 2018
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocala

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1979 ft²

Average Home Age

37.4 years

Currently For Sale

392 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 986 Nw 1st Street, OCALA, FL, 34475

$1,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,154 ft²
986 Nw 1st Street, OCALA, FL, 34475 Listing by Ana Goya
Unit for rent at 1255 Nw 23rd Avenue, OCALA, FL, 34475

$1,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,217 ft²
1255 Nw 23rd Avenue, OCALA, FL, 34475 Listing by Eric Nathanson

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Anthony Brown
SYNDICATED REALTY & DEVELOPMENT GROUP INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6033494
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1941 Northwest 4th Street built and last sold?
The property at 1941 Northwest 4th Street was built in 1965 and last sold on Aug 16, 2022 for $105,000.
How much is this home worth?
The estimated value of the home located at 1941 Northwest 4th Street is $0.
What are some comparable homes to 1941 Northwest 4th Street?
There are currently no comparable homes to 1941 Northwest 4th Street.
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