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3479 CROAKER DRIVE
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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.
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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 |
$69,000
↓ $5K
(6.8%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$74,000
↓ $5K
(6.3%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by PREMIERE PROPERTIES | $79,000 | |
| Listed by PREMIERE PROPERTIES | |||
| Apr 17, 2025 | Listed | $80,900 | |
| Listed | |||
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Discover coastal living at its finest with this beautiful 75x100 ft waterfront lot in the desirable, deed-restricted community of Hernando Beach South. Nestled along a quiet canal, this parcel offers serene views, direct access to the Gulf of Mexico via a community boat lift, and a laid-back lifestyle that’s perfect for boating and nature enthusiasts. Zoned R1C for single-family residential use, it’s the perfect blank canvas to build your dream home. The lot is situated in flood zone AE, which may require flood insurance, but also ensures you're right near the water's edge for all your aquatic adventures. Enjoy peace of mind and a well-kept neighborhood thanks to a low HOA fee of just $330/year. The HOA maintains the boat lift and common areas, preserving the charm and order of the community. Public water and sewer connections are available, and the lot is cleared and ready to build. Whether you're planning to retire near the coast, invest in a vacation home, or build your forever residence, this property checks all the boxes.
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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