5315 NW 26th LANE
About This Property
Very well maintained inside and out. Although the price reflects that cosmetic updates are needed the Owner is MOTIVATED and All REASONABLE offers will be considered!
Ocala Palms is a premiere 55+ Golf Course community. Residents can enjoy a variety of amenities, including a clubhouse, indoor and outdoor pools, a Billiards Room, Craft room, fitness center, a library, multiple recreational courts for bocce ball, shuffleboard, tennis. Within a mile of the community are a variety of Restaurants, medical facilities– in fact, the World Equestrian Center is less than 3 miles away, providing year-round equestrian, canine, car shows, boat shows, concerts and many more events.
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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 20, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by FONTANA REALTY EAST OCALA | $260,000 | |
| Listed by FONTANA REALTY EAST OCALA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017