2261 Barnes Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2026 | No longer available | - | |
| No longer available | |||
| Oct 26, 2026 | Listed by HomeSmart | $275,000 | |
| Listed by HomeSmart | |||
| Apr 24, 2026 | Listed by HomeSmart | $275,000 | |
| Listed by HomeSmart | |||
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Welcome to 2261 Barnes Drive in Gainesville! This newer mobile home offers 3 bedrooms and 2 full bathrooms, providing comfort, functionality, and modern living. Step inside to an inviting open-concept floor plan featuring a spacious living area that flows seamlessly into the kitchen and dining space—perfect for both everyday living and entertaining. The home includes generously sized bedrooms, along with a large primary suite and a spacious bathroom designed for convenience and relaxation. Well maintained and move-in ready, this property is ideal for first-time buyers, those looking to downsize, or investors seeking a great opportunity. his home may qualify for a $10,000 grant through Ameri Bank (buyer eligibility and lender terms apply). Don’t miss your chance to own this charming home—schedule your showing today!
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| Nov 9, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by HomeSmart | $258,900 | |
| Listed by HomeSmart | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017