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728 RIVERA ROAD
About This Property
Welcome to 728 Rivera Rd, located in the sought-after Village of Rio Grande in The Villages! Bond Paid!
This home offers a comfortable and functional layout with plenty of space to enjoy both indoors and out.
Featuring 3 bedrooms and 2 bathrooms, the home showcases an open, inviting floor plan that feels bright and spacious throughout. The kitchen is outfitted with stainless steel appliances and offers ample workspace and storage, making it both practical and stylish.
The home includes a Florida Room and a screened lanai, providing versatile spaces to unwind or entertain. A bonus family room adds even more flexibility-ideal for a second living area, home office, or hobby space.
Additional features include a screened front porch, interior laundry room, and a full 2-car garage. Set on a nicely positioned lot, the property offers a sense of privacy along with peaceful surroundings.
Conveniently located just minutes from Spanish Springs Town Square and Lake Sumter Landing, you'll have quick access to shopping, dining, entertainment, golf courses, recreation centers, and community pools. Enjoy the low Sumter County taxes and a fully paid BOND!
Schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$299,999
↓ $7K
(2.3%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$307,000
↓ $28K
(8.4%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by HOUWZER INC | $335,000 | |
| Listed by HOUWZER INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017