5935 SE 230TH Terrace
About This Property
Welcome to the highly desirable Ashley Oaks community! This charming 3-bedroom, 1.5-bathroom home offers 1,090 sq ft of comfortable living space on a spacious 0.36-acre lot-just 15 miles from Gainesville!
Step outside to your fully fenced backyard that backs up to a peaceful wooded area owned by the City of Hawthorne-35+/- acres of natural privacy with no neighbors directly behind you. The property also borders the fire tower, offering an added sense of seclusion & security.
Enjoy quiet evenings or morning coffee on the cozy 10x10 back porch. A 10x14 storage shed provides great space for hobbies, tools, or extra storage.
Updates include a metal roof (2020) and HVAC system (2014), plus fiber optic internet access for fast and reliable connectivity-ideal for remote work or streaming.
Whether you're looking for your first home or your forever home, this property offers comfort, functionality, and long-term potential.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017