822 SE 35th AVENUE
About This Property
Improvements include a NEW ROOF in 2023, new flooring, remodeled bathroom, upgrades to the kitchen, fresh paint, New A/C unit, and much more. Outdoor area includes an attached carport and a desirable EXTENDED driveway to add more paved space on the elevated land. Quiet neighborhood with no restrictions and NO HOA fees. LOCATION IS GREAT - 5 minutes drive from Ocala Downtown Square and super close to good hospitals, nice restaurants, pharmacies, shopping malls and everything Ocala has to offer. Conveniently located in a short drive distance to important government offices such as the main public library, the Marion County Clerk of Courts, the DMV, Tax Collector, Building Departments and much more. This neighborhood is great for walking around and taking fresh air. Safe subdivision in a fantastic school zone. (Se habla espanol)
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017