New Two-Story Townhome For
For Sale
$244,990
Pending
6607 SW 81ST LOOP, Ocala, FL 34476
Under construction two-story townhome with open layout and included appliances.
Property Size1,458 SF
Lot Size0.04 Acres
Days on Market701
Property Features for 6607 SW 81ST LOOP
General Information
Standard status
Pending
Size
1,458 SF
Lot size
0.04 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2024
Listing Agency:
DR HORTON REALTY OF WEST CENTRAL FLORIDA
(352) 717-6032
Listed By:
Jessica Cruz · License #3579367
(352) 717-6032
Source:
Exitrealty
Added: Sep 11, 2024
Changed: Aug 8
Last Checked: Aug 12 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DR HORTON REALTY OF WEST CENTRAL FLORIDA
Investment Insights
Based on property information with market context.
This two-story townhome, currently under construction, features an open concept downstairs layout. The first floor includes a large open kitchen, a powder room, and a spacious family room that overlooks a patio. The second floor contains a primary suite with an ensuite bathroom, two additional bedrooms, a second full bathroom, and a laundry area. The property size is 1458 square feet. All appliances are included, such as a refrigerator, built-in dishwasher, electric range, microwave, washer, and dryer. Note that pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation.
Key Highlights
- Brand new construction (2024) two‑story townhome.
- Open concept downstairs layout with spacious family room and patio.
- Large open kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,189
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$423,780
$423.8K
Cap Rate 7%
$302,700
$302.7K
Cap Rate 9%
$235,433
$235.4K
Market Conditions
NOI Build-Up for 1,458 SF
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.
Gross rent
$41.1K $28.20/SF
− Vacancy
−$2.6K −$1.78/SF
EGI
$38.5K $26.42/SF
− OpEx
−$17.3K −$11.89/SF
NOI
$21.2K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$423,780
Cap Rate 7%
$302,700
Cap Rate 9%
$235,433
Alternative Uses
Best Use
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.2K
$696.7K – $928.9K
NOI $55,732 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 34476, FL
26,522
Population
12,754
Households
2.1
Avg Household Size
58
Median Age
28%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
767
Density / Sq Mi
$65,429
Median Household Income
$41,820
Median Earnings
$1,303
Median Rent
$260,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Under construction two-story townhome with open layout and included appliances.
Where is this residential income property located?
The property is located at 6607 SW 81ST LOOP Ocala, FL.
What is the asking price?
The asking price for this property is $244,990.
What are key features of this property?
This property features: Brand new construction (2024) two‑story townhome.; Open concept downstairs layout with spacious family room and patio.; Large open kitchen.
