1295 E RAY STREET
About This Property
Aerial photo shows properties approximate outline in Red. Seller is also selling the 3.6 acre property, approximate outlined in Blue adjacent to this (address 1345 Ray St. MLS#TB8537411). Purchase both lots to secure nearly 7.5 acres!
Conveniently located in the Hernando area, this spacious parcel gives you the opportunity to enjoy the natural beauty and laid-back lifestyle of Citrus County while remaining within reach of shopping, dining, outdoor recreation, and the surrounding communities. Close proximity to Citrus Hills Country Club!
Whether you're looking for land to hold as an investment or searching for a larger homesite with room to spread out, this property is worth exploring.
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Hernando
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 4 Beds
- 2 Baths
- 1,662 ft²
$1,900 /mo
- 3 Beds
- 2 Baths
- 1,296 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017