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5117 NW 78 PLACE
About This Property
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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%.
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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 28, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by MILLER REAL ESTATE, INC | $559,900 | |
| Listed by MILLER REAL ESTATE, INC | |||
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Enjoy being surrounded in natural beauty in this tastefully updated 4-bedroom, 2.5-bath home with a bonus room over the garage, nestled on a wooded lot in the highly sought-after Blues Creek neighborhood. This spacious residence offers 2,817 square feet of thoughtfully renovated living space with a desirable split bedroom plan. Guest bedroom features a custom murphy bed with a matching chest for great flexibility of space. Overlooking exceptional indoor-outdoor living with a screened in porch adjoined with a large back deck featuring serene views. Blues Creek is renowned for its network of parks, walking trails, and green spaces, as well as abundant wildlife and birdlife. Nature lovers will appreciate the close proximity to San Felasco Hammock Preserve State Park and Devil's Millhopper Geological State Park. Move-in ready and truly one of a kind, this home offers the perfect blend of modern updates, natural surroundings, and prime Gainesville living.
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| Mar 27, 2026 | In contract | - | |
| In contract | |||
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About Gainesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017