6939 W Hwy 316
About This Property
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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 22, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2019 | No longer available | - | |
| No longer available | |||
| Jan 19, 2019 | Listed | $1,750,000 | |
| Listed | |||
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This gated showplace estate situated on 80 acres is one of the most charming horse farms in the Ocala, Florida area. The property's amenities include 22 paddocks, three barns totaling 45 stalls and a 1/2-mile irrigated track. It also has a European hot walker, an apartment in the center-aisle wood barn, and mobile homes for guests or employees. The 18-stall main barn features an office as well as tack and feed rooms. The three-bedroom, two-bathroom main home is warm and inviting. Its sun-drenched deck offers serene views of the lush property, and it also includes a fireplace, chef's kitchen, and a spacious pool area. Located just minutes from Gainesville and Ocala, Paradise Palms is surrounded by unique dining and ecotourism opportunities that showcase the best of Central Florida living. The manager has listed the unit size as 3241 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017