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616 MARION OAKS BOULEVARD
About This Property
This charming residence offers the perfect blend of comfort and functionality, featuring a spacious family room that welcomes you with warmth and natural light. Toward the rear of the home, you'll find a well-equipped kitchen with a full appliance package included-ideal for quick weeknight meals or entertaining friends. The private primary suite offers a generous walk-in closet and en-suite bath, creating a quiet retreat from the day.
Step outside to a spacious back patio, perfect for morning coffee or evening relaxation. A 2-car garage provides ample storage and convenience.
Located in a community rich with amenities, residents of Marion Oaks enjoy access to a splash pad, pickleball, basketball, volleyball, and tennis courts, a fitness center with a $35/year membership, a community center with meeting rooms, and a public library. Shopping is just minutes away, with Aldi, Dollar General, and more nearby. Plus, the presence of a Marion County Sheriff's Office within the community adds peace of mind.
The Pecan offers a smart layout, modern finishes, and unbeatable value in one of Ocala's most welcoming neighborhoods!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Relisted | $249,900 | |
| Relisted | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Relisted | $249,900 | |
| Relisted | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017