7 NEEDLES DRIVE
About This Property
With A1 agricultural zoning, there's room for horses, livestock, and all the outdoor hobbies that make country living so appealing. Meadow Wood Farms is one of Ocala's premier equestrian communities, offering scenic riding and walking trails throughout the neighborhood, along with Friendship Park, which features a playground, picnic pavilion, and open green space for community events. Residents enjoy the option of participating in the Property Owners Association, which helps maintain community amenities, neighborhood signage, and social activities. Ideally located less than ten minutes from the World Equestrian Center and conveniently close to shopping, dining, medical facilities, and major roadways, this exceptional property offers the best of both worlds-peaceful rural living with easy access to everyday conveniences.
Come experience the lifestyle that has made Meadow Wood Farms one of Ocala's most sought-after communities.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Price Decreased |
$455,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Dec 23, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Nov 29, 2025 | Price Increased |
$475,000
↑ $25K
(5.6%) | |
| Price Increased | |||
| Nov 17, 2025 | Listed by HOMERUN REALTY | $449,900 | |
| Listed by HOMERUN REALTY | |||
| Jul 25, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017