4 HEMLOCK LOOP TRACE
About This Property
Inside, you'll find a functional layout with an inviting eat-at kitchen bar, ideal for casual dining or gathering with guests. The primary suite includes a walk-in closet and a large garden tub, creating a comfortable retreat at the end of the day.
Key updates include a NEW ROOF (2024), NEW SEPTIC SYSTEM (2021), and a NEW WELL PUMP, BLADDER TANK, AND CONTROL BOX (2025); big-ticket items already taken care of for the next owner.
Enjoy the combination of quiet neighborhood living with convenient access to Ocala's shopping, dining, and amenities. This move-in ready home is a must-see!
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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