52 REDWOOD TRACE
About This Property
The property features spacious living areas, comfortable bedrooms, and a practical floor plan ready for updates and improvements. Conveniently located with convenient access to shopping, dining, schools, and major roadways, this home makes it easy to enjoy everything Ocala has to offer.
Whether you're searching for a primary residence, seasonal retreat, or investment opportunity, this property is full of potential and ready for its next chapter. Being sold in its present condition.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017