11689 Outlook Road
About This Property
Step outside and enjoy the natural beauty of your property, complete with a private drive, wild blueberries and blackberries ready to be enjoyed each season. Zoned Agriculture, this property is ideal for those dreaming of a small farm, horses, or other livestock. Conveniently located with easy access to Milton, Crestview, Pensacola, and Interstate 10, you'll enjoy the perfect balance of peaceful rural living and an easy commute. Don't miss this opportunity to own your own slice of the Florida countryside!
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by RE/MAX Agency One | $200,000 | |
| Listed by RE/MAX Agency One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017