0 Hwy 2
About This Property
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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 14, 2026 | Price Increased |
$336,300
↑ $206K
(158.7%) | |
| Price Increased | |||
| Mar 10, 2026 | Listed by EXP Realty LLC | $130,000 | |
| Listed by EXP Realty LLC | |||
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Discover the perfect opportunity to own 17.3 acres of untouched land in North DeFuniak Springs. This heavily wooded property offers complete privacy and seclusion, surrounded by mature trees and natural landscape. Whether you're looking to build a private homesite, establish a recreational getaway, or invest in land for the future, this property provides the space and tranquility to make it your own. Enjoy the peaceful setting of rural Walton County while still being within driving distance of DeFuniak Springs, shopping, and amenities. With no clearing currently done, the property offers a blank canvas to create your ideal retreat.
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| Oct 1, 2025 | Listed by Crosby & Associates, Inc | $364,800 | |
| Listed by Crosby & Associates, Inc | |||
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Feb 8, 2023 | Listed by Panhandle Realty LLC | $77,545 | |
| Listed by Panhandle Realty LLC | |||
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If you want to get outside of the fast city, this is the spot for you. This property is just over 23 acres with plenty of room to build your dream home or maybe turn it into a hunting camp. The owner claims to have many deer around the property and also an artesian well that has been capped off. This location is an hour from Panama City Beach and just a few miles from the Alabama line. Don't miss out on this beautiful land. Call today to see this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017