2199 NW 50TH CIRCLE
About This Property
under air living space on a spacious corner lot in the desirable Ocala Palms community. With nearly
$80, 000 in upgrades, including fully paid solar panels, this high efficiency home is designed for
comfort and savings with exceptionally low electric bills. The screened front patio opens to soaring
ceilings, elegant flooring, and an open floor plan. The kitchen is a showpiece with an oversized island,
quartz countertops, stylish backsplash, and generous seating space, all flowing seamlessly into the
great room, perfect for entertaining. The primary suite provides a private retreat with dual vanities, a
soaking tub, and separate shower, plus the added benefit of a dedicated mini split system for
personalized comfort. The second bedroom is generous in size with a deep closet and natural light,
while the third bedroom, located at the front of the home with glass front doors, is ideal as an office or
guest room. The enclosed lanai provides additional living space with a birdcage view of the backyard.
Recent upgrades and features include a 2018 4 ton 17 SEER AC, 2015 roof, 2021 40-gallon water
heater, Low E windows, plantation shutters, extra attic insulation, a transfer switch for a generator,
and paid off 9.5KW solar panels with full Warranty Transfer. Ocala Palms is a gated golf community
offering access to a clubhouse, restaurant, indoor and outdoor pools, golf, and a wide range of clubs
and activities. This is a move in ready home with smart upgrades, modern comforts, and excellent
energy efficiency. Don't forget to check out the community's locally owned Bella Cosa Italian Ristorante. This home is
perfectly located across from Publix grocery, restaurants, gym and local shopping. Only 3 miles from
the World Equestrian Center and minutes to downtown Ocala.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017