$275,000
↑ $101 (0%)
●
House -
For Sale
35 LOCUST TERRACE WAY
OCALA, FL 34472
3 Beds
2 Baths
1,338 Ft²
$1,369
Est. Monthly
10.18%
Cap Rate
About This Property
Under Construction. BRAND NEW CONSTRUCTION 3/2/2 OPEN FLOOR CONCEPT
1,338 SQ FT UNDER AIR, 1944 TOTAL SQ FT WITH 10 FT CEILINGS.
ESTIMATED COMPLETION DATE IS JANUARY/FEBRUARY. THIS HOME HAS A OPEN
FLOOR CONCEPT, GRANITE COUNTERTOPS LVP THROUGHOUT THE HOME, CEILING
FANS IN EVERY ROOM, THE MASTER BEDROOM HAS A WALK IN CLOSET, DUAL
VANITY, COVERED LANAI. THIS HOME SITS ON A CORNER LOT .25 OF A
ACRE. 14 MINS AWAY FROM THE OCKLAWAHA RIVER, 7 MINS AWAY FROM GATOR
JOE'S AND LAKE WEIR. GREAT FOR A FIRST TIME HOME BUYER, INVESTMENT
PROPERTY/RENTAL, OR AIR BNB. THIS HOME IS SURELY TO MEET ALL
YOUR FAMILY NEEDS.
***PHOTOS ARE OF A MODEL HOME AND SOME DETAILS MAY VARY***
***PHOTOS ARE OF A MODEL HOME AND SOME DETAILS MAY VARY***
Unit Size
1,338 Ft²
Days on Market
837 days
Land Size
0.25 acres
Price per sqft
$206
Property Type
House
Property Taxes
$18
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Stellar MLS #OM681370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Price Increased |
$275,000
↑ $101
(0%) | |
| Price Increased | |||
| Jan 23, 2025 | Price Decreased |
$274,899
↓ $100
(0%) | |
| Price Decreased | |||
| Nov 7, 2024 | Price Decreased |
$274,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 1, 2024 | Listed by HOMERUN REALTY | $275,000 | |
| Listed by HOMERUN REALTY | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s), Split Bedroom
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring Type: Luxury Vinyl, Tile
Door Features: French Doors
Laundry Features: Inside, Laundry Room
Rooms: 4
Exterior Details
Square Footage: 1338
Square Footage Source: $0
Property Condition: Under Construction
Year Built: 2024
Builder Name: Mudd Construction
Builder Model: Linda II
Building Area Total: 1944
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Lot Size Area: 10890
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Tax Lot: 1
Water Source: Well
Financial Details
Tax Annual Amount: $214
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Marion
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Listed by: Madison Allen
HOMERUN REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# OM681370
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
HOMERUN REALTY
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# OM681370
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017