4725 NE 166th PLACE
About This Property
One of the standout features of this property is its versatility - manufactured homes are not only allowed but welcomed, allowing you to tailor your living space to your preferences. Imagine a picturesque abode perfectly situated within this lush expanse, creating a harmonious blend of indoor comfort and outdoor serenity.
Electricity is readily available, ensuring a seamless transition to modern living. This convenience sets the stage for creating a home that is both sustainable and connected.
Positioned centrally between the vibrant hubs of Ocala and Gainesville, you'll enjoy the best of both worlds. Revel in the tranquility of a suburban oasis while maintaining close proximity to the urban amenities of these two dynamic cities. A short drive down the well-traveled 301 highway grants you easy access to a plethora of shopping centers, a diverse range of restaurants, and educational institutions.
The property's strategic location also means you're never far from the area's most coveted attractions, including parks, cultural venues, and recreational facilities. This corner lot, with its easy access to major roads, provides a gateway to exploring the region's natural beauty and engaging in various outdoor activities.
Don't miss the chance to secure this prime corner lot - a blank canvas that embodies both possibility and convenience. Whether you're seeking to build your forever home or invest in a piece of land with endless potential, this property offers it all. Create the lifestyle you deserve and seize the opportunity to make this corner of Ocala and Gainesville your very own haven.
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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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2023 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $5,500 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017