5965 NE 57TH LOOP
About This Property
The primary suite includes his-and-her closets and a spa-like bathroom with an oversized shower, garden tub, and double vanities. Additional highlights include immaculate landscaping, a covered lanai with patio speakers, vinyl flooring in the third bedroom, a water softener and filtration system, a transfer switch for a portable generator, and a brand-new roof (2023). The 11-zone sprinkler system maintains both front and back yards. For just $42 per month, the HOA includes access to tennis, basketball, and racquetball courts. Conveniently located near Silver Springs State Park, shopping, dining, and minutes from downtown Ocala, this home delivers the space, durability, and quiet lifestyle you've been looking for. Schedule your tour today!
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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