40
Map
112 Marin Drive
About This Property
The kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, a pantry, and an adjoining dining area with access to a private patio. The spacious primary suite also opens directly onto the patio, creating a peaceful spot to enjoy your morning coffee or unwind in the evening.
Outside, you'll appreciate the fenced backyard, attached two-car garage, brick and vinyl exterior, gutters, and attractive, low-maintenance landscaping. Lawn care for the front yard is included through the HOA, helping keep the neighborhood looking its best year-round.
As an added bonus, residents have access to Lake Marin, complete with a community dock located just across the street. With Panama City Beach and Tyndall Air Force Base both only about 25 minutes away, this home combines modern features, convenience, and an excellent location. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY BUYER.
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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 21, 2026 | Price Decreased |
$272,000
↓ $12K
(4.2%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$284,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Aug 4, 2026 | Listed by CENTURY 21 Commander Realty | $285,000 | |
| Listed by CENTURY 21 Commander Realty | |||
| Jul 18, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017