224 ORANGE Lane
About This Property
Home is located on a country road In North Central Florida. The home has a split floor
plan with an extra large living room, family room and laundry room. The roomy master bedroom and bathroom feature an over sized Walk-in Closet, Garden Tub and Walk-in Shower. The partially fenced property has beautiful shady Live Oak trees, Two car carport and large storage building. A convenient Handicap Ramp is already in place. This location is an easy commute to Gainesville, Palatka and Ocala Florida. Also nearby is Historic Melrose known for its charm, cultural activities, - music, art, dining, doctors, shopping and much more - Plus, just minutes away is 6,000 acre Santa Fe Lake for all your water recreational activities. Take a drive out to see what America is coming
back to. ''THE COUNTRY''. Call for Appointment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Price Decreased |
$249,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jul 5, 2025 | Listed | $259,900 | |
| Listed | |||
| | |||
|
This well-kept, comfortable 4/2 home with a new metal roof is located on a picturesque country road that is county maintained. Amenities include a very spacious split floor plan with an extra large living room, family room, and laundry room. The master suite has a huge walk-in closet, as well as a garden tub and separate walk-in shower. New bathtub installed in hall bath. Property is partially fenced with beautiful shady oaks, a 2-car carport and a large storage building. The handicap ramp makes this home wheelchair accessible. A quiet country location that is an easy commute to Gainesville, Palatka, and Ocala offers you the best of both worlds. Only a few minutes away is Historic Melrose, known for its small town charm, music, art, dining, and public access to nearly 6,000-acres Lake Santa Fe. Property is zoned AG.
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| Mar 18, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Listed by CENTURY 21 LAKESIDE REALTY | $229,900 | |
| Listed by CENTURY 21 LAKESIDE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017