Lot 11 Sun Bear Circle
About This Property
Bear Creek is one of the fastest-growing communities in the area, known for its strong sense of community and outstanding amenities-including tennis courts, pickleball courts, a fitness center, playground, and resort-style pool. Coming soon in Phase 2: a resort-style zero-entry pool and additional community enhancements designed to elevate your lifestyle and add long-term value to your investment. Prime Location: Just 5 minutes from Grady Brown Park on the Bay (with a beach, boat ramp, and playground) and only a short drive to the world-renowned beaches of 30A, state parks, shopping, dining, and entertainment.
Whether you're looking to build your forever home or invest in a growing area, this lot offers a prime opportunity in a location that continues to thrive.
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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 |
|---|---|---|---|
| Jul 26, 2025 | Listed by Real Broker LLC | $125,000 | |
| Listed by Real Broker LLC | |||
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Compass | $115,000 | |
| Listed by Compass | |||
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Large 1/4 acre lot backing up to preserve to build your dream home in one of the fastest growing neighborhoods in South Freeport. Convienient to the beaches of 30A, Bear Creek is located in the rapidly growing city of Freeport. Amenities within this Gated Community include tennis courts, pickle ball courts, fitness center, a playground, and pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017