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1111 Redfish Circle
About This Property
Outside, the property sits along a pond, offering water views and a peaceful outdoor setting. The home also includes a single-car garage and a spacious driveway for convenient parking.
Located in the established Bay Point community, this property provides easy access to the area's beaches, dining, shopping, recreation, and other Panama City Beach amenities. Whether you're looking for a primary residence, second home, or investment opportunity, 1111 Redfish Circle offers a combination of space, location, and coastal Florida appeal.
Schedule your showing today and see all that this Bay Point property has to offer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017