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3471 CROAKER DRIVE
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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 |
|---|---|---|---|
| Jul 8, 2026 | Listed by RE/MAX ALLIANCE GROUP | $64,900 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Dec 17, 2025 | Price Decreased |
$64,995
↓ $3K
(4.3%) | |
| Price Decreased | |||
| Dec 28, 2024 | Price Decreased |
$67,900
↓ $2K
(2.9%) | |
| Price Decreased | |||
| Feb 21, 2024 | Price Decreased |
$69,900
↓ $15K
(17.3%) | |
| Price Decreased | |||
| Jan 19, 2023 | Listed by GULF COAST FISHING HOMES RLTY | $84,500 | |
| Listed by GULF COAST FISHING HOMES RLTY | |||
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Embrace the Gulf Coast lifestyle with this exceptional building lot offering stunning views of the Gulf of Mexico! With 75 feet of frontage on a spring-fed freshwater canal, this property provides indirect access to the Gulf. Boating enthusiasts will appreciate the unique journey, involving a lift to a saltwater canal and passing under a fixed bridge before reaching the Gulf waters.
Situated in the desirable South Hernando Beach, this property is part of a homeowners association (HOA) community equipped with a convenient community boat ramp. The HOA ensures a well-maintained and cohesive neighborhood, promoting a sense of community among residents. Please note that due to HOA restrictions, short-term rentals are not permitted in this community, fostering a peaceful and long-term residential atmosphere.
Hernando Beach, a serene and secluded coastal hamlet, is renowned for its focus on recreational fishing and boating. The community is bordered by the Gulf of Mexico and the Weeki Wachee Nature Preserve, accessible via a coastal 2-lane highway with limited access points from the North and South.
Hernando Beach offers a variety of housing options, including single-family homes along saltwater direct Gulf Access canals or freshwater indirect Gulf access canals. Despite the absence of an actual beach, the area exudes a cool coastal vibe with waterfront tiki bars, marinas, fine dining restaurants, seafood markets, and charming shops.
While Hernando Beach provides a tranquil retreat, it's surprisingly close to essential amenities. Within a 10-minute drive, residents can access US 19 and find Publix, shopping centers, chain restaurants, Walmart, Sam's Club, and four major hospitals. Furthermore, the location is just an hour from Tampa International Airport and 90 minutes from the magical world of Disney.
Seize the opportunity to create your Gulf Coast Fishing Home on this perfect building lot. Contact us now to embark on the journey of making this picturesque property your own!
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About Hernando Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017