61 LAUREL DRIVE
About This Property
If you're looking for peace, space, and affordability, this Ocala home is the perfect fit. Located in a nice, quiet area, this 3-bedroom, 2-bath split-plan home offers comfort and value whether you're a first-time buyer or an investor.
Enjoy a very large yard with plenty of room for outdoor activities, storage, pets, or future projects - and best of all, NO HOA to restrict your lifestyle.
This home helps keep monthly expenses low:
Well water – no monthly water bills
Septic system – no sewer bills
Inside, you'll find an open floor plan that feels spacious and inviting. There is tile flooring in all main walking areas for easy maintenance, and carpeted bedrooms for added comfort.
? Property Highlights:
3 bedrooms, 2 bathrooms
Split bedroom layout for privacy
Open, flowing floor plan
Tile in living areas; carpet in bedrooms
Large yard for outdoor enjoyment
NO HOA
Well & septic = low monthly utilities
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017