11591 MOCKINGBIRD DRIVE
About This Property
modern craftsman a short stroll from the spring-fed Rainbow River, with resident access to the community's private park, dock,
and boat ramp for just $100 a year. Drop a kayak, paddleboard, or boat into that famous 72-degree water and be on the river
within minutes of leaving home.
The home is fully turnkey. Board-and-batten siding, 20-ft sabal palms, and a covered entry give it real curb appeal, while inside an
open, split-bedroom plan keeps the living space bright and the bedrooms private. Luxury vinyl plank runs throughout - no carpet
anywhere. The kitchen is made to gather around: solid quartz counters, a center prep island, stainless appliances, and a walk-in
pantry. Blinds and ceiling fans are already installed.
The screened back porch overlooks a fully fenced backyard - six-foot vinyl privacy on every side - ready for pets, a garden, or a
future pool, on just over a quarter acre. New construction, room to breathe, and river access you can't find anywhere else at this
price. Come see it before it's gone.
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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 |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$337,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$344,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
Property Highlights
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Status
Price/ft²
Listed On
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About Dunnellon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017