2641 SE 45TH STREET
About This Property
The main residence is a 3-bedroom, 2-bath home with a 2-car garage, fully fenced for total privacy. A long, private driveway leads past the main house to a secluded second dwelling at the rear of the property. With no rear neighbors, this second building is a dream for any car enthusiast or craftsman. It features a metal roof and concrete floors, perfectly suited for a high-end workshop or studio, while still providing a full 2-bedroom, 1-bathroom layout for a comfortable in-law suite or guest house.
Located just minutes from Historic Downtown Ocala, medical facilities, and top schools, this no-HOA acreage combines country peace with city convenience. Whether you need a private compound, an ADU for rental income ($1,700–$2,300/mo potential), or a professional-grade home workshop, this property delivers endless flexibility.
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$420,000
↓ $155K
(27%) | |
| Price Decreased | |||
| Nov 30, 2025 | Listed by HOMERUN REALTY | $575,000 | |
| Listed by HOMERUN REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017