11046 KITTEN TRAIL
About This Property
This 14.54-acre parcel is zoned AC, Agricultural. The dwelling density in AC zoning is only one dwelling unit in 10 acres.
However, according to the Pasco County Comprehensive Plan, Future Land Use Map, this area is identified as, RES-3, residential development with a maximum dwelling density of only 3 dwelling units/acre.
This means this parcel may have the potential to have the zoning changed to R-1 or R-1MH with a maximum dwelling density of only 2.2 dwelling units/acre which would be in compliance with the FLU...
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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 |
|---|---|---|---|
| Apr 16, 2026 | Price Decreased |
$995,000
↓ $95K
(8.7%) | |
| Price Decreased | |||
| Aug 31, 2025 | Price Decreased |
$1,090,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by RE/MAX SUNSET REALTY | $1,200,000 | |
| Listed by RE/MAX SUNSET REALTY | |||
| Dec 9, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017