3921 SW 34TH STREET 309 Gainesville, FL 32608
Updated 4-bedroom, 4-bathroom condo near the University of Florida.
Property Features for 3921 SW 34TH STREET 309
General Information
- Standard status
- Active
- Size
- 1,312 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1995
Listing office LPT REALTY, LLC (407) 937-8992
Listing date Jan 24, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near University of Florida, Shands Hospital, and the VA
- Each bedroom has a private bathroom and generous closet space
- Recently updated with a modern kitchen featuring stainless steel appliances
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.4k | $17.04 |
| − Vacancy | −$1.3k | −$1.02 |
| EGI | $21.0k | $16.02 |
| − OpEx | −$9.5k | −$7.21 |
| NOI | $11.6k | $8.81 |
