1167 Highway 177A
About This Property
The inviting covered front porch, ideal for rocking chairs and serene afternoons, complements the additional screened back porch, perfect for enjoying the natural surroundings in comfort. For those with hobbies or needing extra storage, the 400-square-foot shop offers ample space. Additionally, the property features an RV hookup with power and water, making it convenient for guests or extended outdoor adventures.
Located just over an hour's drive from the stunning Panama City Beach, this home combines the tranquility of country living with easy access to coastal amenities. Don't miss the opportunity to make this creek front haven your own!
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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