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Gainesville 32653 Turkey Creek Forest
8706 NW 37TH CIRCLE
$212,000
● House - Off Market

8706 NW 37TH CIRCLE

GAINESVILLE, FL 32653
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$1,398
Est. Monthly
$41
HOA / Fees
4.59%
Cap Rate

About This Property

Turkey Creek Forest beauty, recently remodeled, new roof, kitchen, appliances, flooring and much more, this 2-bedroom 2 bath home is on a corner lot, has community amenities, don't miss this perfect opportunity.  Turkey Creek Forest is a 55 and older community. This is a Fannie Mae homepath.com property.
Unit Size
1,056 Ft²
Days on Market
238 days
Land Size
0.10 acres
Price per sqft
$204
Property Type
House
Property Taxes
$301
HOA Dues
$41
Year Built
1987

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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: 10 months ago (Stellar MLS #GC529855)

Price History

Date / Event Date Event Price
Dec 4, 2025 Sold
Premium
Sold
Oct 4, 2025 In contract -
In contract
Sep 19, 2025 Price Decreased $215,000
↓ $10K (4.4%)
Price Decreased
Sep 12, 2025 Price Decreased $225,000
↓ $5K (2.2%)
Price Decreased
Aug 16, 2025 Price Decreased $230,000
↓ $5K (2.1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,056
  • Gross Building Area: 1,296
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURKEY CREEK FOREST UNIT 4
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: TURKEY CREEK FOREST UNIT 4 PB M-99 LOT 179 OR 4968/0823

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001803

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: QTR SEC 2844
  • Parcel: 05979-179-000
  • Lot: 179
  • Meridian: SEC 02 TWN 09S RNG 19E
  • Municipality: GAINESVILLE
  • Latitude: 29.735
  • Longitude: -82.3815

    Address

  • Full Address: 8706 Nw 37th Cir
  • Address - House Number: 8706
  • Street Direction: NW
  • Address - Street Name: 37th
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R044
  • 4-Digit Zip Code: 0073
  • Zip Code: 32653

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,407
  • Tax Rate Code Area: 3700

    Appraisal Valuation

  • Standard Deviation: 0.2227
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 203,876
  • High Value: 249,295
  • Low Value: 158,457

    Market Valuation

  • Market Total Value: $141,254
  • Market Land Value: $57,000
  • Market Improvement Value: $198,254

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,254
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $84,254

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3391979
  • Previous Sale Recording Date: Jun 28, 2010
  • Previous Sale Contract Date: Jun 25, 2010
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: 71
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 Turkey Creek Forest

Stats & Trends

Median Asking:

$217,900

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1256 ft²

Average Home Age

40.7 years

Currently For Sale

9 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

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STELLAR

Listed by: Mike LeRoy
COLDWELL BANKER M.M. PARRISH REALTORS
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# GC529855
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 8706 Northwest 37th Circle built and last sold?
The property at 8706 Northwest 37th Circle was built in 1987 and last sold on Jan 7, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 8706 Northwest 37th Circle is $0.
What are some comparable homes to 8706 Northwest 37th Circle?
There are currently no comparable homes to 8706 Northwest 37th Circle.
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