For SaleNeutral Deal0 days on market
1129 NE 24TH TERRACE
1129 NE 24TH TERRACE, GAINESVILLE, FL 32641, Gainesville, FL 32641
$199,000
Estimate®:$193,200
Listing Price
1129 NE 24TH TERRACE, GAINESVILLE, FL 32641
Loc: Gainesville, FL
Days Listed
0
Tax Assessed
$148k
Estimate®
$193k
Market Rate
Lot Size
6,534 sqft
Rent Estimate
$1,829/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Marjorie Kinnan Rawlings Elementary School
K-5
1.7 mi away
5
Howard W. Bishop Middle School
6-8
1.3 mi away
5
Eastside High School
7,9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyfixer-upperdistressed propertystucco exteriorasphalt drivewayovergrown landscapingforeclosure potentialwooded lotneeds renovationresidentialslump block masonry
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.86%
Total ROI
107.9%
Cash Flow
$105/mo
DSCR
1.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $105/mo net cash flow with a 6.9% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.9%)
- • Strong rental demand in Gainesville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $199,000 | $137 |
| 2026-02-05 | Sold | $95,000 | $65 |
| 2026-01-13 | Pending sale | $99,900 | $69 |
| 2026-01-06 | Price change | $99,900 | $69 |
| 2025-12-02 | Price change | $114,900 | $79 |
| 2025-11-05 | Listed for sale | $119,900 | $82 |
| 2025-10-27 | Pending sale | $119,900 | $82 |
| 2025-10-14 | Price change | $119,900 | $82 |
| 2025-10-01 | Listed for sale | $129,900 | $89 |
| 2025-09-29 | Pending sale | $129,900 | $89 |
| 2025-09-24 | Listed for sale | $129,900 | $89 |
| 2025-09-15 | Pending sale | $129,900 | $89 |
| 2025-08-21 | Price change | $129,900 | $89 |
| 2025-08-12 | Listed for sale | $142,500 | $98 |
| 2025-08-07 | Pending sale | $142,500 | $98 |
| 2025-06-21 | Price change | $142,500 | $98 |
| 2025-06-02 | Price change | $149,900 | $103 |
| 2025-04-19 | Listed for sale | $164,900 | $113 |
| 2025-03-24 | Sold | $125,100 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $832.47 | $68,757 |
| 2024 | $811.95 | $66,819 |
| 2023 | $808.31 | $64,873 |
| 2022 | $840.23 | $62,984 |
| 2021 | $845.52 | $61,150 |
| 2020 | $839.23 | $60,305 |
| 2019 | $844.45 | $58,949 |
| 2018 | $844.45 | $57,850 |
| 2017 | $768 | $56,660 |
| 2016 | $776.61 | $55,500 |
| 2015 | $752.78 | $55,180 |
| 2014 | $764.53 | $54,750 |
| 2013 | $768.29 | $59,900 |
| 2012 | $0 | $72,500 |
| 2011 | $0 | $51,510 |
| 2010 | $0 | $92,000 |
| 2009 | $0 | $98,400 |
| 2008 | $0 | $106,900 |
| 2007 | $0 | $93,600 |
| 2006 | $0 | $85,000 |
| 2005 | $0 | $71,200 |
| 2004 | $0 | $65,800 |
| 2003 | $0 | $46,400 |
| 2002 | $0 | $46,400 |
| 2001 | $0 | $45,400 |
| 2000 | $0 | $43,000 |
Similar Properties Nearby
Explore other investment opportunities in Gainesville.