42
Map
12185 198TH TERRACE
About This Property
Step inside to an expansive, sun-drenched open-concept layout defined by large windows, crown molding, and beautiful vinyl plank flooring throughout (with cozy carpet in the bedrooms). The heart of the home features a spacious living room centered around an inviting fireplace, flowing seamlessly into the kitchen. Chefs will love the massive island, pot filler over the stove, solid wood cabinetry, ample solid surface counter space, and integrated appliances. The split bedroom floor plan offers ultimate privacy for the primary suite, which includes a generous walk-in closet, a soaking tub, and an oversized shower. A huge mud/laundry room offers additional storage and effortless everyday utility, leading out to a beautiful back deck that could be converted into a Florida room.
Outside, the property is a peaceful, open canvas waiting for your personal touch. It is the perfect setup for gardening, homesteading, or simply enjoying the tranquil rural surroundings without the restrictions of an HOA. Additional features include a detached 2-car carport, a workshop, and a private well.
Adventure and relaxation await just minutes from your front door. Located in a pristine area of Suwannee County, you are less than 20 minutes from three of North Florida's absolute best freshwater springs and a convenient Suwannee River boat ramp. Whether you are looking for a full time modern homestead, a peaceful weekend retreat, or a strategic property investment, this O'Brien estate delivers unmatched space, peace, and value.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 17, 2026 | Price Decreased |
$345,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$349,500
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$370,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$380,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017