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Marion 34475
805 NW 68th PLACE
$227,500
● House - Off Market

805 NW 68th PLACE

OCALA, FL 34475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,509 Ft²
$235,207
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

COME CHECK OUT THIS WELL MAINTAINED 3 BEDROOM, 2 BATH HOME IN NW OCALA. HOME IS LOCATED MINUTES TO 75, CLOSE TO GROCERY STORES, CLOSE TO RESTAURANTS.  HOME ALSO OFFERS A GALLEY KITCHEN, INSIDE LAUNDRY AND REAR PATIO. INSIDE THE HOME HAS SPLIT BEDROOMS AND A VERY GENEROUS SIZE FAMILY ROOM. YOU WILL NOT BE DISAPPOINTED WITH THE HOME!!! NEW ROOF JAN 2022
Unit Size
1,509 Ft²
Days on Market
155 days
Land Size
0.27 acres
Price per sqft
$152
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #OM634228)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Feb 14, 2022 Listed by WEICHERT REALTORS HALLMARK PRO $229,900
Listed by WEICHERT REALTORS HALLMARK PRO

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,740
  • Gross Building Area: 1,948
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCALA HIGHLANDS ESTATE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 19 TWP 14 RGE 22 PLAT BOOK K PAGE 001 OCALA HIGHLANDS ESTATES BLK 14 LOT 15

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 176
  • Parcel: 1470-014-015
  • Block: 14
  • Lot: 15
  • Meridian: SEC 19 TWN 14S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2581
  • Longitude: -82.1434

    Address

  • Full Address: 805 Nw 68th Pl
  • Address - House Number: 805
  • Street Direction: NW
  • Address - Street Name: 68th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R015
  • 4-Digit Zip Code: 7501
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $286,258
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 258,709
  • High Value: 325,838
  • Low Value: 191,580

    Market Valuation

  • Market Total Value: $202,475
  • Market Land Value: $11,487
  • Market Improvement Value: $190,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,475
  • Assessed Land Value: $11,487
  • Assessed Improvements Value: $190,988

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 108979
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1874 ft²

Average Home Age

21.2 years

Currently For Sale

5259 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 187 Nw 45th Loop, OCALA, FL, 34475

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,370 ft²
187 Nw 45th Loop, OCALA, FL, 34475 Listing by Lili Whittington
Unit for rent at 4494 Nw 2nd Ave, OCALA, FL, 34475

$1,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,820 ft²
4494 Nw 2nd Ave, OCALA, FL, 34475 Listing by Michael Soto

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Gregory Miller
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM634228
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 805 Northwest 68th Place built and last sold?
The property at 805 Northwest 68th Place was built in 1999 and last sold on Jul 15, 2022 for $227,500.
How much is this home worth?
The estimated value of the home located at 805 Northwest 68th Place is $0.
What are some comparable homes to 805 Northwest 68th Place?
There are currently no comparable homes to 805 Northwest 68th Place.
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