4780 SE 132nd PLACE
About This Property
Large carport with an attached breezeway/storage room/workshop (12x8) leading to the backyard - has electricity and water hookup. Large backyard with a fire pit for cool nights, open gazebo canopy on brick pavers for sunny days, and enclosed back porch for rainy days, Both sheds convey and both have electricity Shed1 is 23' x 8; Shed2 is 14' x 11'. Tropicana Village is a very laid-back community that has a monthly potluck dinner, a community pool, a community library, and community get-togethers/events making it perfect for socializing and relaxation. Free RV storage is also available. Very affordable and non-restrictive HOA community. The already low fee also includes water and trash pickup. Located between The Villages and Ocala making it an easy commute to both.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by EXP REALTY, LLC | $195,000 | |
| Listed by EXP REALTY, LLC | |||
| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Relisted | $199,000 | |
| Relisted | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017