18 Elkins Road
About This Property
Enjoy the outdoors with Bird Creek Park boat ramp just 5 miles away for Gulf fishing and unforgettable sunsets. The Withlacoochee Gulf Preserve and Bay Trail are only a couple of miles away for hiking and biking, while nearby Goethe State Forest and Gulf Hammock Wildlife Preserve offer hunting opportunities.
Walk to Brooks Dockside Seafood for fresh local dining and entertainment, and grab breakfast right across the street at Nature Coast Inn and Cottages.
This home blends classic Florida charm with modern comfort in a location that embraces nature. Convenient commute to Ocala, Crystal River, Dunnellon and Gainesville. Home did not flood with Idalia or Helene.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 4, 2026 | Relisted | $175,000 | |
| Relisted | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$175,000
↓ $4K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017