17
Map
3318 GARDENIA DRIVE
About This Property
Hernando Beach is a relaxed golf cart community where life feels easy and connected. You're close to local restaurants and shops, and just about 15 minutes from Pine Island Beach and Weeki Wachee Springs - making it simple to enjoy sunsets, kayaking, and all the natural beauty the area is known for.
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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 |
|---|---|---|---|
| Jun 13, 2026 | Price Decreased |
$140,000
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by PREMIERE PROPERTIES | $150,000 | |
| Listed by PREMIERE PROPERTIES | |||
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Sold | ||
| Sold | |||
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About Hernando Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,900 /mo
- 2 Beds
- 2 Baths
- 1,114 ft²
$2,000 /mo
- 3 Beds
- 2 Baths
- 1,352 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017