21 River Trail Drive
About This Property
Inside, you'll find an open, low-maintenance home featuring luxury vinyl plank flooring throughout, granite countertops in the kitchen and bathrooms, recessed lighting, and an attached one-car garage.
Outside is where this property really stands out. More than ~$54,000 in site improvements have already been completed, including extensive clearing, a built-up house pad, sod, concrete patio, front sidewalk, and two driveways. The 16' x 30' concrete slab offers exciting possibilities for a future screened porch or other improvements, subject to local approvals. With a full acre, there's plenty of room for a pool, workshop, detached garage, RV or boat parking, gardens, or simply more outdoor living space.
Enjoy the quiet, natural surroundings while staying close to the Withlacoochee River, Lake Rousseau, Gulf boating and fishing, Goethe State Forest, Withlacoochee Gulf Preserve, and the Withlacoochee Bay Trail. Crystal River and Dunnellon are also within convenient reach for shopping, dining, medical services, and everyday necessities.
Newer construction, an acre of land, no HOA, and room for all the Florida toys-this one offers the freedom and lifestyle buyers come to the Nature Coast to find.
Some photos have been virtually enhanced.
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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%.
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 |
|---|---|---|---|
| Aug 25, 2026 | Price Decreased |
$299,000
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$319,000
↓ $20K
(5.9%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Compass Homes and Land LLC | $350,000 | |
| Listed by Compass Homes and Land LLC | |||
| May 24, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017