8644 SW 86th CIRCLE
About This Property
Freshly painted throughout. The secondary bedrooms are large enough for queen size beds w/ plenty of closet space. Inside laundry is equipped with cabinets and a laundry sink & leads out to the 2 ½ car garage – plenty of room for a golf cart and/or workshop. The enclosed & expanded lanai is under heat and AC, adding nearly 300 square feet of living space. You can enjoy the captivating sunsets views from here. Step out onto the beautiful 28 x 10 paver grilling patio area just outside the lanai.
16 KW whole house generator with gas hookup (10 yr warranty). CDD bond is paid in full! New AC 2021(10 yr warranty). Whole house water treatment system. Termite Bond. Located in Ocala's premier, gated, active 55+ community, loaded with amenities, which include exclusive access to the Lodge and Candler Hills Community Center for Candler Hill residents, as well as the Recreation Center and The Arbors. With access to swimming, fitness centers, pickleball courts, an RC flying field, and much more - there is always plenty to do! Golf cart access to several retail shopping areas. This house has it all!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017