3903 SE 38TH LOOP
About This Property
This is a Certified Pre-Owned Home -- and that changes everything. Before you ever make an offer, a licensed home inspector has already been through this home top to bottom. You get the full report at no cost. No surprises. No guessing. Just confidence. And it doesn't stop there -- your purchase comes with a 12-month Home Warranty AND our 18-month Satisfaction Guarantee: love this home, or we will buy it back or sell it for free. You won't find that anywhere else. As an added bonus you also qualify for a 1% lender credit at closing if you use our preferred lender. Welcome to your private sanctuary in The Arbors, one of Southeast Ocala's most coveted gated communities. This beautifully updated 3-bedroom, 3-bathroom residence-featuring a flexible office or 4th bedroom. The interior boasts a seamless flow, highlighted by stunning new flooring throughout the main living areas. new roof in 2022. Complementing this major upgrade is an expansive, fully fenced-in backyard, providing a secure and private haven for pets to roam, children to play, or for hosting weekend gatherings. Whether you're looking for a spacious floorplan or an outdoor retreat, this property delivers on both fronts.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$574,900
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$599,900
↓ $9K
(1.5%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by COLDWELL REALTY SOLD GUARANTEE | $609,000 | |
| Listed by COLDWELL REALTY SOLD GUARANTEE | |||
| Aug 15, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017