5520 NE 2ND LANE
About This Property
Step inside to an inviting layout centered around a stunning kitchen with a huge island overlooking the family and dining rooms. Enjoy cozy evenings by the wood-burning fireplace or open the sliding doors to connect seamlessly to the screened pool and spa. The expansive master suite features two walk-in closets, French doors to the pool, and a spa-like bath with a double marble vanity, garden tub, and tiled double shower with bench.
The property is fully fenced with two gates and a circular driveway, offering excellent parking options including space for an RV.
Recent upgrades provide worry-free living: updated HVAC system with new insulation and ductwork, 2024 gutters, 2024 electrical panel and exterior lighting, 2024 pool lighting and heater, and freshly renovated and painted main home. The apartment was renovated in 2022.
Ideally located near shopping, dining, parks, medical facilities, and everything Ocala has to offer-this home delivers the perfect balance of tranquility and convenience.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Price Decreased |
$745,500
↓ $4K
(0.5%) | |
| Price Decreased | |||
| Nov 27, 2025 | Listed by ASSET CAPITAL REALTY, LLC | $749,250 | |
| Listed by ASSET CAPITAL REALTY, LLC | |||
| Apr 1, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017