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Key Details
Sold Price $240,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,075 sqft
Price per Sqft $223
Subdivision Rainbow Park Unit 2
MLS Listing ID T3496933
Sold Date 04/30/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 2022
Annual Tax Amount $2,736
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 75x157
Property Description
Better than new construction! This 2022 built home has been used successfully as a short term rental since Dec '22 and is being sold fully furnished with future bookings! NET income for 2023 was $29,700 at 74% occupancy! With a 12% CAP rate, this makes an excellent investment for anyone interested in getting into the short term rental market or looking for a seasonal home that will pay the mortgage when you're not using it. Feb/Mar already has 33 nights booked with $7,300 gross, which passes to the new owner. Everything in this home was thoughtfully designed - granite countertops, luxury vinyl plank flooring throughout, and the kitchen is fully stocked with small appliances, dishware, and cookware. Smart TVs in both the living room and the master bedroom. There is a laundry closet off the hallway with a washer and dryer. The master bedroom has a king size bed, walk in closet, and on-suite bathroom with a walk in shower. The other two bedrooms have queen beds and share the hall bathroom which has a tub/shower combo. Well water and septic tank provides for low utility bills! Fantastic location nearby to the World Equestrian Center (10 minutes), HITS (18 minutes) and Florida Horse Park (35 minutes). Majority of guests are equestrians coming to horse events nearby. Numerous parks, springs, and nature sites less than 30 minutes away - including Silver Springs Sate Park and Rainbow River State Park. Owner may consider financing with at least 50% down.
Location
State FL
County Marion
Community Rainbow Park Unit 2
Zoning R1
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Laminate
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
Laundry Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Exterior
Exterior Feature Private Mailbox
Garage Boat, Driveway, On Street
Garage Spaces 1.0
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Porch Front Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot, In County, Level, Near Golf Course, Oversized Lot, Unpaved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Vinyl Siding
New Construction false
Schools
Elementary Schools Dunnellon Elementary School
Middle Schools Dunnellon Middle School
High Schools Dunnellon High School
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, USDA Loan, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, Owner Financing, USDA Loan, VA Loan
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with FLORIDA'S CHOICE REALTY