9591 NE 88TH LANE
About This Property
Discover the perfect foundation for your dream home on this high & dry 1.25 acre parcel situated on NE 88th Lane University Estates. This cleared parcel offers a versatile opportunity, welcoming both site-built and manufactured homes. With dimensions roughly 165' frontage by 308' depth, the space is ideal for crafting your personal oasis. Nestled just outside the town of Bronson, this lot promises a peaceful lifestyle while keeping you connected. Enjoy seamless access to Gainesville via Archer Road (SR24), benefiting from the charm of rural living without sacrificing convenience. Moreover, residents benefit from the notably lower Levy County taxes. No HOA and no time limits to build. Don't miss this opportunity to build your future in a community that offers both tranquility and accessibility. Whether you envision a custom-designed sanctuary or a beautiful manufactured home, this property is the canvas for your dreams. Secure your slice of Florida today!
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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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$29,900
↓ $1K
(3.6%) | |
| Price Decreased | |||
| May 6, 2025 | Listed by HARRIETT DOWNS REAL ESTATE LLC | $31,000 | |
| Listed by HARRIETT DOWNS REAL ESTATE LLC | |||
| Jan 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017