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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Listed by COOKIE KING REAL ESTATE, INC | $78,950 | |
| Listed by COOKIE KING REAL ESTATE, INC | |||
| Jan 23, 2026 | Listed | $65,000 | |
| Listed | |||
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Vacant 4.75± acre parcel located in Levy County, Florida, offering an excellent opportunity for a private homesite, recreational use, or long-term investment. This property provides ample space and flexibility in a peaceful, rural setting while still being within reasonable distance to nearby towns, amenities, and major roadways.
The parcel is undeveloped, allowing the next owner to design and build to suit their needs, subject to county zoning and land-use approvals minimum of 800sq ft home. Whether you are looking to build now or secure acreage for future use, this property offers privacy, space, and the advantages of owning Florida land.
There is a small annual fee for road maintenance and some minor deed restrictions. Horses and cows allowed but no goats or pigs allowed. Only one residence per lot. Utilities on the road including fiber internet. No utilities on the property you need well and septic installation. Property backs up to a nature preserve so you won't have any back neighbors plenty of deer and turkey on the property.
A great opportunity for buyers seeking acreage in Levy County.
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| Oct 2, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017