8465 NW 186TH STREET
About This Property
Discover the possibilities of this 5.56 +/- fully fenced acre property that offers privacy and flexibility. This 3-bedroom, 2-bath home features approximately 1,728 square feet of living space and is ready for its next owner to make it their own.
The property is especially well suited for horses, livestock, gardening, or a country lifestyle. Cross-fenced with paddocks already in place, with an additional area that can be cleared for even more usable space. Mature trees provide beautiful shade, while a small lake creates a peaceful backdrop. A fenced garden with automatic irrigation is complemented by established fruit trees, including plum, loquat, sour orange, and pear. A shed/workshop with an attached carport provides convenient space for equipment, tools, hobbies, or farm projects.
Location is another standout feature. The property is less than a mile from Ocala Jockey Club and approximately 10 minutes from HITS, with convenient access to the World Equestrian Center, Ocala, Gainesville, and nearby outdoor recreation.
With no HOA, existing fencing, and plenty of room for animals and outdoor living, this property offers a wonderful opportunity to create your own mini-farm, equestrian retreat, or peaceful country home. Recent improvements include a 2019 roof and 2020 A/C.
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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 14, 2026 | Listed by JOAN PLETCHER | $498,000 | |
| Listed by JOAN PLETCHER | |||
| Aug 21, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017