3500 SE 31ST TERRACE
About This Property
- Welcome home to this adorable, fully updated 3-bedroom, 2-bathroom gem nestled in a tranquil and desirable, established Southeast Ocala neighborhood. From the moment you step inside, you'll appreciate the seamless blend of style and function, highlighted by gorgeous and durable wood-look tile flooring that flows throughout the entire home. The heart of the home is a true chef's kitchen, featuring stunning granite countertops, a spacious island perfect for entertaining, and a full suite of new LG black stainless-steel appliances-including a sleek induction cooktop. Beautiful KraftMaid soft close cabinetry adds both elegance and ample storage. Enjoy the comfort and convenience of a 2-car garage and a large, stunningly landscaped privacy-fenced backyard-ideal for relaxing, pets, or hosting gatherings. Enjoy your morning coffee in your cozy screened in lanai while you watch the wildlife frolic in the trees. Every inch of this home has been thoughtfully and lovingly updated to maximize both beauty and practicality. Located in the heart of Southeast Ocala, you'll be just minutes from shopping, dining, schools, medical facilities, and entertainment options making everyday living effortless. Major updates include a new roof and A/C, both replaced in 2020, offering peace of mind for years to come. This move-in-ready home truly has it all-schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017