6
Map
TBD E HIGHWAY 316
About This Property
Enjoy tons of privacy while still being conveniently located just 30 minutes from both Gainesville and Ocala, providing easy access to shopping, dining, and medical facilities. Nature enthusiasts will appreciate the nearby lakes and wooded areas, ideal for fishing and hiking adventures. Plus, horse lovers will be thrilled to know that the world-renowned World Equestrian Center is just a short 30-minute drive away.
This is a fantastic opportunity to own a piece of land in a tranquil and growing area with ample space to create your dream property. Don't miss out!
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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 |
|---|---|---|---|
| Mar 23, 2026 | Price Decreased |
$115,000
↓ $20K
(14.8%) | |
| Price Decreased | |||
| Dec 17, 2025 | Listed by LPT REALTY, LLC | $135,000 | |
| Listed by LPT REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017