20934 THIRD AVENUE
About This Property
Step outside and discover your own backyard oasis. Whether you're entertaining friends or unwinding after a long day, you'll love relaxing under the GAZEBO, soaking in the HOT TUB, or just enjoying the peace this home showcases. The property also features a workshop with electricity already connected, an additional carport, and plenty of room for hobbies, storage, or outdoor equipment. Additional upgrades include a 2022 HVAC system and a tankless water heater, offering comfort and efficiency for years to come.
If you've been looking for a move-in ready home with land, privacy, and an incredible outdoor space to enjoy, this property checks all the boxes. Don't miss your opportunity to make it yours!
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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%.
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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 19, 2026 | Listed by GAILEY ENTERPRISES REAL ESTATE | $255,000 | |
| Listed by GAILEY ENTERPRISES REAL ESTATE | |||
| Jun 21, 2026 | Price Decreased |
$269,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$274,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by KELLER WILLIAMS CORNERSTONE RE | $275,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
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Calling All Visionaries, Dreamers & Old-Home Lovers! If you've been searching for an affordable classic full of character — a home that rewards creativity, sweat equity, and a bold vision — your search ends here. Inside, the living room, dining room, and bedrooms feature laminate flooring throughout. Four tankless water heaters and attic fans keep energy costs impressively low, and the big-ticket items are already done: roof replaced in 2016 and HVAC updated in 2022. Step outside and the possibilities expand even further. Set on a generous .68-acre parcel in the heart of Dunnellon, there's genuine room to breathe — and room to build. The backyard is anchored by a gazebo complete with a hot tub and porch swing, the makings of a private retreat just waiting for a little TLC. A large Quonset hut, a covered carport, and an additional storage shed round out the property, offering serious space for projects, equipment, and the hobbyist who needs room to create. Then there's the location — and this is where it truly shines. Just blocks from Dunnellon's charming historic downtown, you're within easy reach of local shops, restaurants, Dunnellon Christian Academy, and Dunnellon Middle School. Spend your weekends on the Rainbow River or the Withlacoochee River, both just minutes away. And when you need to venture farther out, Ocala, Crystal River, and Inverness are all roughly 20 minutes from your front door. This is a rare opportunity to put your stamp on a classic home with tremendous potential — in a location that already has everything going for it.
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| Sep 12, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017