51 SE 70TH CIRCLE
About This Property
The Interior: Forget what you know about manufactured homes. This residence features a chef-inspired kitchen with a massive center island, stunning engineered hardwood flooring, and a master suite with a spa-like soaking tub.
The Community: Enjoy the peace of a quiet, well-cared-for neighborhood with fees under $20/month.
The Land: A fully fenced half-acre lot gives you the freedom to park your boat or RV without the hassle of a traditional HOA.
Recently appraised at $274,875, this is the most square footage you'll find in SE Ocala at this price point.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$254,875
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Feb 25, 2026 | Price Decreased |
$259,875
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Feb 18, 2026 | Price Decreased |
$264,875
↓ $5K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017