2802 NE 25TH AVENUE
About This Property
Inside, you'll find a beautiful and functional layout featuring vaulted ceilings in the living room, a stone fireplace serves as a stunning focal point, never used but can be connected to gas service. The home includes both a formal dining room and a cozy breakfast nook, providing ideal spaces for everyday living. The large owner's suite offers a versatile bonus room, perfect for a nursery, home office, or flex space to fit your needs. Enjoy Florida living on the screened rear lanai, overlooking the expansive backyard. A storage shed provides additional space for tools, equipment, or hobbies. This home is truly move-in ready, with a new roof installed in 2023. Nestled in NE Ocala, you'll enjoy the convenience of nearby parks, restaurants, shopping, and medical facilities just a short drive away.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017