7101 SE 124TH STREET
About This Property
Step inside to discover a turn-key interior featuring solid wood cabinets in the kitchen, an open floor plan, and plenty of natural light-perfect for modern living and entertaining. The home includes 2 full bathrooms, is connected to a private well, and uses a septic tank for waste management.
Nestled in a quiet neighborhood, this home is just minutes away from shopping, dining, and local attractions. Lake Lillian, the heart of Belleview, offers scenic beauty, a peaceful walking path, exercise stations, a community pavilion, and more-ideal for both relaxation and outdoor recreation. Nearby, the Belleview Sports Complex adds to the area's family-friendly appeal.
Whether you're seeking a serene retreat or an active lifestyle, this desirable community has it all.
The property is conveniently situated within a ten-mile radius of both Ocala and The Villages.
Seller will be including the video doorbell and three Arlo spotlight cameras with the sale of the 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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Price Decreased |
$230,000
↓ $15K
(6.1%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$245,000
↓ $15K
(5.8%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed by MARK SPAIN REAL ESTATE | $260,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017