12 Corte Lago
About This Property
Step outside to a screened-in porch with swing, an extended deck, and a fenced backyard where you can relax in privacy while overlooking the lake.
Residents of Escada enjoy resort-style amenities including a pool, tennis and basketball courts, and scenic bike/walking trails that lead directly to Butler Elementary, the Scenic 30A path, and Topsail Hill Preserve State Park. Even betteryou're only a 6-minute bike ride or 15-minute walk to the sugar-white sands of Stallworth Beach, with South Walton's best restaurants, shopping, and attractions just minutes away.
Don't miss your chance to own this rare lakefront gem in one of South Walton's most sought-after neighborhoods. September 2015 "As Built" Survey is located under the Documents Tab. Call to coordinate your showing today.
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Price Decreased |
$595,000
↓ $50K
(7.8%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$645,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 17, 2025 | Listed by Somers & Company | $650,000 | |
| Listed by Somers & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017