35238 MANUEL STREET
About This Property
Interior features include wood flooring, solid wood cabinetry, central air conditioning, a metal roof, and a covered front porch perfect for enjoying peaceful country views. Storage sheds and additional structures provide extra functionality for equipment, tools, or hobbies.
The land itself spans approximately 656 x 332 with 656 feet of frontage and is zoned Residential in Flood Zone X. Utilities include well water, septic, electricity, and high-speed internet availability.
No HOA. No CDD. AG exemption eligible. Located in Hernando County with convenient access to nearby towns while maintaining privacy and room to spread out.
Ideal for those seeking rural living, a homestead setup, or a property with immediate livability and long-term land value.
Survey available. Property being sold As-Is. 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 |
|---|---|---|---|
| Sep 5, 2026 | Price Increased |
$315,000
↑ $15K
(5%) | |
| Price Increased | |||
| Sep 4, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by 27NORTH REALTY | $350,000 | |
| Listed by 27NORTH REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017