617 SE 30th AVENUE
About This Property
2 Bedroom (And a flex room that could be 3rd bedroom, man cave, home office or what ever you need) and 2 full bathrooms. Love plants? This adorable home has so much natural light and a sunroom. The quaint kitchen has a full SS appliances package, plenty of cabinets and beautiful pass through window to Living room to give you an open feeling. Bonus room has 2nd full bathroom and inside laundry. Plenty of parking in front or out back with an entrance for both sides of the home. Such a great location to all Ocala Has to offer including, the YMCA, Parks, Tennis Club, City swimming pool, Dog Park, Library, Golf, Grocery store, Silver Springs State Park and ONLY 30 minutes to the New World Equestrian Center.
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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