1
Map
313 ARGYLL DRIVE
About This Property
Located in an established Spring Hill neighborhood, the property sits on a generous lot and provides convenient access to shopping, dining, medical facilities, parks, and major roadways throughout Hernando County.
This property is being sold as a short sale and will require third-party approval. With cooperation from all parties, closing may be possible within approximately 30 days. An excellent opportunity for buyers seeking value in a desirable area.
Schedule your showing today.
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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 16, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by PEOPLE'S TRUST REALTY | $299,000 | |
| Listed by PEOPLE'S TRUST REALTY | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$299,000
↓ $39K
(11.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017