11990 W Eldred Lane
About This Property
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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 20, 2026 | Price Decreased |
$95,000
↓ $4K
(4%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$99,000
↓ $11K
(10%) | |
| Price Decreased | |||
| Aug 24, 2025 | Listed by Wave Elite Realty LLC | $110,000 | |
| Listed by Wave Elite Realty LLC | |||
| Jul 26, 2025 | Listed | $130,000 | |
| Listed | |||
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Discover the charm of Old Homosassa with this opportunity to own 0.88 acres of land—ready and waiting for your dream home! Nestled in a peaceful, natural setting, this spacious lot offers endless possibilities. Whether you envision a private retreat, a custom-built homestead, or a weekend getaway close to the water, this property provides the perfect canvas. Located just minutes from the Homosassa River, marinas, restaurants, and the area's famous springs, you'll enjoy the best of Florida’s nature coast lifestyle. No HOA, no deed restrictions—just wide-open potential. Don't miss your chance to create something truly special in one of Citrus County’s most beloved communities!
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| May 1, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017