5398 NW 8TH PLACE
About This Property
The heart of the home features an open kitchen with granite countertops, ample cabinetry, and a walk-in pantry, flowing seamlessly into the main living and dining areas. LVP flooring throughout provides a clean, modern look while making maintenance a breeze. Ceiling fans are featured throughout the home for added comfort.
The spacious primary suite offers a relaxing retreat with his-and-hers closets and dual vanities. Bedrooms 3 and 4 share a convenient Jack-and-Jill bathroom with dual vanities, making this layout ideal for families and guests. The dedicated laundry room includes a utility sink for added convenience.
Step outside to the large covered lanai, complete with ceiling fans-perfect for morning coffee, outdoor dining, entertaining, or simply enjoying the Florida lifestyle.
Location is a major plus, with the home situated less than 5 miles from the World Equestrian Center, approximately 2 miles from I-75, and just minutes from downtown Ocala's restaurants, entertainment, and amenities.
Whether you're looking for your first home, an investment property, long-term rental, or potential Airbnb, this versatile new construction offers space, style, and an unbeatable location. Come see why this home is ready to check all the boxes on your wish list!
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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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Listed by HOMERUN REALTY | $275,000 | |
| Listed by HOMERUN REALTY | |||
| Apr 11, 2026 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 28, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$300,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017