6
Map
16147 SHELDRAKE LOOP
About This Property
Jump-start the construction of your dream home on this beautiful, spacious lot in Weeki Wachee! Much of the initial site preparation has already been completed, saving you valuable time and unknown risks. This property features a cleared homesite, an established build pad, and a well that is already drilled with excellent water production! The lot has also been surveyed and perc tested, making it that much easier to move forward with your building plans.
No TURTLES on the lot at time of listing.
Take advantage of this rare opportunity to purchase an over 1/2-acre homesite with substantial improvements already in place. Bring your builder and start turning your dream home into reality!
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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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by PINNACLE REALTY ADVISORS | $65,000 | |
| Listed by PINNACLE REALTY ADVISORS | |||
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Price Decreased |
$29,900
↓ $3K
(9.1%) | |
| Price Decreased | |||
| Jul 18, 2024 | Price Decreased |
$32,900
↓ $2K
(5.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017