16481 OAKVIEW DRIVE
About This Property
Step inside to find two spacious living areas, a large dining space, and a bright kitchen with plenty of cabinets, a center island, and newer appliances. The primary suite is tucked away for privacy and features dual walk-in closets, a soaking tub, separate shower, and double vanity. The split floor plan places three additional bedrooms and a full bath on the opposite side of the home, giving everyone their own space.
Outside, you'll love the setup - a covered and screened rear porch perfect for relaxing or entertaining, a private above-ground pool with deck, and a large detached workshop/garage equipped with 30-amp and 50-amp RV hookups and ample power for tools or toys. The circular drive and paved parking area provide room for trucks, trailers, and RVs, while the cross-fenced pasture and outbuildings make it easy to keep animals or run a small hobby farm.
Enjoy the balance of cleared, usable land and shaded wooded acreage for privacy. Located in Istachatta Acres, this home offers the quiet of rural life just minutes from the Withlacoochee River, trails, and Brooksville's local conveniences.
Whether you're looking for a homestead, small farm, or simply room to breathe - this property checks every box.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Nov 7, 2025 | Price Decreased |
$409,900
↓ $20K
(4.7%) | |
| Price Decreased | |||
| Oct 6, 2025 | Listed by EXP REALTY LLC | $429,900 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017