2523 Martins RUN
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 |
|---|---|---|---|
| Jul 17, 2025 | Price Decreased |
$299,999
↓ $8K
(2.6%) | |
| Price Decreased | |||
| Jul 6, 2025 | Price Decreased |
$307,999
↓ $6K
(1.9%) | |
| Price Decreased | |||
| May 5, 2025 | Price Decreased |
$313,999
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $319,000 | |
| Listed | |||
| | |||
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**PRICE REDUCED FOR QUICK SALE** Welcome to your new home in Tavares! This charming 3-bedroom, 2-bathroom residence features tile and laminate flooring, combining elegance and easy maintenance. Enjoy year-round comfort with a brand new AC system with a 10-year transferable warranty. Step outside to your serene screened lanai, complete with a hot tub—ideal for relaxation after a long day. The spacious backyard features a fire pit, perfect for gatherings and cozy evenings under the stars. Located in a quiet neighborhood with low HOA fees, this property is conveniently near grocery stores, entertainment options, and excellent schools, making it perfect for families and active adults looking to embrace the Florida lifestyle. The home also includes a washer and dryer for your convenience. The seller is motivated to find the right buyer due to a new job opportunity out of state, presenting a fantastic chance for investors to expand their portfolio or for families seeking their forever home. Don’t miss this incredible opportunity to own a slice of paradise in Tavares. Schedule your private tour today and discover everything this wonderful home has in store for you!
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| Jan 31, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017