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8821 N RAIDIN DRIVE
About This Property
**Discover the perfect opportunity to build your dream home in the growing community of Citrus Springs!** This beautiful 0.23-acre residential lot is situated in a peaceful neighborhood where new homes are taking shape, making it an excellent opportunity to create the home and lifestyle you've always envisioned.
Imagine enjoying quiet mornings, beautiful natural surroundings, and the comfort of living in a residential community away from the hustle and bustle of city life.
**Nature, recreation, and family adventures are all within reach!** Enjoy the crystal-clear waters of Rainbow Springs State Park, where you can swim, kayak, and explore scenic nature trails. The nearby Withlacoochee State Trail offers wonderful opportunities for biking, walking, and outdoor exercise. Discover the charming town of Dunnellon, with its local restaurants, shopping, and recreational activities along the Rainbow and Withlacoochee rivers.
For even more weekend adventures, visit Crystal River, famous for its manatees, boating, fishing, and beautiful waterfront scenery. Golf enthusiasts can also explore local golfing opportunities in the Citrus Springs area.
**Experience the best of both worlds: peaceful residential living with access to Florida's beautiful natural attractions and everyday conveniences.**
Whether you're planning your future primary residence or looking to invest in land, this property offers an exciting opportunity in a developing community.
**Don't just dream about your future home - take the first step toward building it 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 |
|---|---|---|---|
| Oct 24, 2026 | Listed by HIGHLIGHT REALTY CORP/LW | $27,000 | |
| Listed by HIGHLIGHT REALTY CORP/LW | |||
| Jan 28, 2019 | Sold | ||
| Sold | |||
| Jan 12, 2019 | No longer available | - | |
| No longer available | |||
| Nov 17, 2018 | Relisted | $3,500 | |
| Relisted | |||
| Nov 8, 2018 | No longer available | - | |
| No longer available | |||
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About Citrus Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017