115 Flora Lane
About This Property
Welcome to this 2,414 sqft light, bright, and airy 4-bedroom, 3-bath home in Freeport's desirable resort style community of Hammock Bay. This home has it all, a flexible den space-perfect for a home office or playroom. Situated on a private lot backing to serene woods and a picturesque pond, this home offers both tranquility and beauty.
Inside, you'll find many custom features, including stylish barn doors, a custom mud bench with a built-in shoe cubby, and elegant finishes throughout. The oversized garage boasts premium epoxy floors, providing extra space and durability.
Whether you're entertaining guests or enjoying peaceful evenings at home, this home combines comfort, charm, and functionality. The gourmet kitchen is a chef's dream, showcasing a stunning tile backsplash, sleek cabinetry, and stainless steel appliances, all complemented by split up/down window blinds for style and privacy. The home's mudroom features a charming shiplap accent wall, adding character and functionality to your daily routine. Enjoy seamless indoor-outdoor living with an extended concrete patio ideal for entertaining or relaxing while overlooking tranquil water views in the backyard.
Additional upgrades include, down lighting installed in the eaves for gorgeous nighttime curb appeal, and smart storage throughout the home.
Located just minutes from shopping, dining, and the beautiful Emerald Coast beaches, this meticulously maintained property is a rare find and ready for you to call it home.
Schedule your private showing today and experience the best of Freeport living!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Increased |
$549,500
↑ $2K
(0.3%) | |
| Price Increased | |||
| May 6, 2025 | Listed by HomeBiz Properties | $547,800 | |
| Listed by HomeBiz Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017