2220 SE 39th AVENUE
About This Property
Are you looking for a spacious and comfortable home in the heart of Florida? Look no further than this beautiful 3-bedroom, 2-bathroom home in the sought-after Southeast Ocala neighborhood of Summerset Estates. This 2,000+ square foot home is located on a large corner lot and boasts a beautifully landscaped yard with plenty of space for outdoor activities and entertaining. The screened-in back porch offers a tranquil spot to relax and enjoy the Florida sunshine in the privacy of your yard, which is optimally sized for a future pool. Step inside, and you'll find a welcoming living area with plenty of natural light, perfect for entertaining or just lounging with family and friends. The spacious Kitchen features modern appliances, a convenient island, a pantry, and a breakfast bar, making meal prep a breeze. The eat-in Kitchen provides ample space for dining with family, and the formal dining room offers the space you need for entertaining. The Master Bedroom includes an en-suite bathroom with a dual sink vanity, a large soaking tub, a separate shower, and a private water closet. The Master Suite also has two fantastic walk-in closets. Two additional bedrooms and a full bathroom offer privacy from the Master Suite with a split floor plan. Other features of this charming home include an indoor laundry room, central air conditioning, a two-car garage, high ceilings, and a security system. Located in the desirable southeast Ocala area, this home is just minutes from great restaurants, shopping centers, and entertainment options. Take this opportunity to make this beautiful house your forever home! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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%.
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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