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$110,000
● Condo - Off Market

SW TERRACE

GAINESVILLE, FL
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
950 Ft²
$113,274
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Ready to move in 2 bedroom, 1 ½ bedroom condo less then 3 miles away from UF. This end unit comes with a private fenced in yard, two designated parking spaces and a laundry/ utility room. HOA $104/Monthly.
Unit Size
950 Ft²
Days on Market
16 days
Land Size
0.02 acres
Price per sqft
$116
Property Type
Condo
Property Taxes
$85
HOA Dues
$104
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #GC502508)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS $110,000
Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Property Highlights

Air Conditioning
Parking Available
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator
Flooring Type: Carpet
Laundry Features: Laundry Room, Outside
Rooms: 2
Exterior Details
Square Footage: 950
Square Footage Source: $0
Year Built: 1981
Levels: One
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block, Concrete, Wood Siding
Lot Size Area: 950
Lot Size Units: Square Feet
Lot Size Square Feet: 950
Tax Lot: 1
Water Source: Public
Financial Details
Tax Annual Amount: $1,020
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Other
HOA Fee: $104
HOA Fee Frequency: Monthly

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
STELLAR

Listed by: Felicia Shenbanjo
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC502508
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.
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