26 Hemlock Terrace DRIVE
About This Property
NEW ROOF IN 2022, 2017 HVAC, HOT WATER HEATER WAS REPLACED IN 2023, ALL KITCHEN APPLIANCES ARE NEWER THAN 1 ½ YEARS – so you won't have to worry about those big-ticket items but simply putting your own personal touches on your new home. This community not only is bordered by the beautiful greenway and only a mile from the subdivision trailhead; but it is also an all-age community with NO HOA! This home is very convenient to shopping locations, restaurants, gyms, several urgent cares, the baseline trailhead as well as much more.
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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 |
|---|---|---|---|
| Nov 12, 2025 | Price Decreased |
$245,900
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Aug 24, 2025 | Price Decreased |
$249,500
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$259,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed | $265,000 | |
| Listed | |||
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One or more photo(s) has been virtually staged. PRICE IMPROVEMENT! Move-In Ready Gem in Silver Springs Shores. Welcome to this immaculate and freshly updated home, nestled in a quiet, convenient Silver Springs Shores neighborhood—just minutes from SR-35, Maricamp Road, and Downtown Ocala. Love the outdoors? You’re within walking distant to the scenic Baseline Trailhead and Park, and just a short drive from Lake Weir, and Carney Island – perfect for weekend adventures, boating, or hiking.
This meticulously maintained 3-bedroom, 2-bath split-plan home features brand-new plush carpeting in the bedrooms, stylish tile flooring in the main living areas, and fresh interior and exterior paint throughout. The kitchen is equipped with newer appliances, and sleek LED lighting updated ceiling fans, and modern blinds, providing both comfort and efficiency.
Enjoy relaxing afternoons in the spacious 364 square-foot sunroom or entertain guests on the screened-in patio—perfect for outdoor dining or weekend grilling. The fully vinyl-fenced backyard provides privacy and ample space for gardening, pets, or play.
An oversized 2-car garage offers room for a workbench or extra storage and leads directly into a large laundry room for added convenience. Major upgrades include a new roof (2022) and HVAC system (2017), with sanitized A/C ducts and recently pumped septic system for added peace of mind.
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| Jul 1, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017