507 SE 40th TERRACE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Price Decreased |
$387,500
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Mar 28, 2024 | Listed by NEXTHOME PROFESSIONAL REALTY | $395,000 | |
| Listed by NEXTHOME PROFESSIONAL REALTY | |||
| | |||
|
Home Warranty! Welcome home to this spacious 3 bedroom, 3 and a half bath home nestled on an almost half acre lot (.45ac) in the heart of SE Ocala, FL. When you arrive, you notice the oversized driveway with plenty of parking space. Step inside to discover a unique floor plan that maximizes space and functionality, offering endless possibilities for relaxation and entertainment, with everything updated and upgraded. You will see beautiful travertine floors, a kitchen to delight any culinary enthusiast, with plenty of cabinet space, granite counters, stainless appliances, plus a large farm sink with upgraded faucet. The kitchen and dining area look to the substantial wood burning fireplace, perfect for gatherings. Don't miss the spa like primary bathroom with a large soaking tub, enclosed shower area and upgraded finishes. Stepping out the back door, the property boasts a screen-enclosed pool, with a covered area to relax in any weather. This home invites you to indulge in luxurious outdoor living year-round with the pool area, plus an outdoor fire pit area and a covered structure for hanging out, work out space, the sky is the limit! The backyard is fenced. New roof 2021. New tankless water heater 2020. Home warranty offered for list price offers!
| |||
| Jul 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017