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6965 NE 137TH PLACE
About This Property
The property includes a screened-in pool, perfect for relaxing or entertaining year-round while enjoying the peaceful surroundings. A detached garage and additional outbuilding provide plenty of space for storage, hobbies, equipment, or a workshop. A serene water feature adds to the natural beauty of the land, creating a tranquil setting that enhances the property's charm.
With its flexible layout and multiple structures, this property presents an excellent opportunity for investment or lifestyle living. It could function well as a long-term rental property, vacation rental, multi-generational homestead, or a retirement retreat with built-in income potential. Conveniently located near North Marion High School with a short commute to the University of Florida, the property offers both privacy and accessibility to schools, employment, and everyday amenities. Whether you're looking to expand your investment portfolio or create a private country getaway with income possibilities, this versatile acreage is full of potential.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Relisted | $649,000 | |
| Relisted | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017