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Alachua 32641
379 NE 45TH TERRACE
$250,000
● House - Off Market

379 NE 45TH TERRACE

GAINESVILLE, FL 32641
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,471 Ft²
$1,674
Est. Monthly
$8
HOA / Fees
8.23%
Cap Rate

About This Property

One or more photo(s) has been virtually staged. Welcome to this 4 bedrooms and 2 bathrooms home on 0.23 of acre lot in a small community of Lake Forest.  The front room can be used as an office or a bedroom.  Living/dining room combo, french door to the outside patio from the Living and from the master bedroom, inside laundry room, detached one car garage, front porch, Deed restricted community with a low HOA.
Unit Size
1,471 Ft²
Days on Market
97 days
Land Size
0.23 acres
Price per sqft
$182
Property Type
House
Property Taxes
$349
HOA Dues
$8
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Stellar MLS #GC528668)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
Mar 15, 2025 In contract -
In contract
Mar 1, 2025 Listed by TERZA REAL ESTATE $268,000
Listed by TERZA REAL ESTATE
Jan 27, 2014 Sold
Premium
Sold
Jan 5, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 27
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,731
  • Gross Building Area: 1,731
  • Building Area: 1,471
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,471
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FOREST-GAINESVILLE-LAKE FARMS REPLA
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: LAKE FOREST-GAINESVILLE-LAKE FARMS REPLAT PB 24 PG 28 LOT 36 OR 4254/0882 & OR 4380/2269 OR 5112/1045

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001400

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 10882-010-036
  • Lot: 36
  • Meridian: SEC 01 TWN 10S RNG 20E
  • Municipality: ST. JOHNS
  • Latitude: 29.6546
  • Longitude: -82.2693

    Address

  • Full Address: 379 Ne 45th Ter
  • Address - House Number: 379
  • Street Direction: NE
  • Address - Street Name: 45th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C021
  • 4-Digit Zip Code: 1985
  • Zip Code: 32641

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,025
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 239,198
  • High Value: 294,499
  • Low Value: 183,897

    Market Valuation

  • Market Total Value: $201,719
  • Market Land Value: $37,000
  • Market Improvement Value: $238,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,719
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $164,719

    Sales

  • Current Sale Contract Date: Jan 24, 2014
  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2840610
  • Previous Sale Recording Date: Jan 05, 2005
  • Previous Sale Contract Date: Dec 28, 2004
  • Previous Sale Amount: $127,900
  • Previous Sale Document Type: 20
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Alachua

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1855 ft²

Average Home Age

31.7 years

Currently For Sale

1154 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Delphine Lampert
TERZA REAL ESTATE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# GC528668
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.

Frequently Asked Questions

When was property at 379 Northeast 45th Terrace built and last sold?
The property at 379 Northeast 45th Terrace was built in 2004 and last sold on Jan 24, 2014 for $68,000.
How much is this home worth?
The estimated value of the home located at 379 Northeast 45th Terrace is $271,897.
What are some comparable homes to 379 Northeast 45th Terrace?
There are currently no comparable homes to 379 Northeast 45th Terrace.
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