4190 NE 138TH TERRACE
About This Property
Bring your vision-and maybe your toolbox-and turn this 3-bedroom, 2-bath home into the private country retreat you've been dreaming about. With 1,680 sq ft of living space, this spacious 2005 mfg home boasts a family room with a cozy fireplace, a separate living room, and a split-bedroom layout, there's plenty of room to spread out. The open floor plan makes everyday living easy and gatherings even better.
Step outside to a 12x20 covered porch and 12x26 deck-perfect for watching sunsets, sipping coffee, or hosting weekend get-togethers. The 10 fully fenced acres give you space for animals, gardens, or simply privacy. Extras include a well house, greenhouse, irrigation system, and more.
Yes, it needs some updates-roof, HVAC, flooring, and a deep clean-but it is priced to leave room for your improvements. No HOA, no deed restrictions, and endless freedom to shape this property into something truly yours.
If you've been waiting for acreage on a paved road with value you can unlock, this is the one to see.
Conveniently located between Williston and Bronson, with an easy commute to Gainesville or Ocala.
Come experience pure country living in the Gateway to the Nature Coast!
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Price Decreased |
$259,900
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by HARRIETT DOWNS REAL ESTATE LLC | $299,900 | |
| Listed by HARRIETT DOWNS REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017