28
Map
157 Rusty Gans Drive
About This Property
Step inside to discover a bright, open living area with vaulted ceilings, a cozy gas burning fireplace, and luxury vinyl plank flooring throughout the main spaces. Large sliding glass doors flood the space with natural light and lead to the show-stopping screened-in pool area--your private backyard oasis, perfect for relaxing or entertaining guests year-round. The television and shelving below it convey with the home.
The kitchen features sea foam green cabinetry, stainless steel appliances that include a Bosch brand stove and dishwasher, and a breakfast bar that opens to the living and dining areas, creating a perfect flow for gatherings. The spacious primary suite offers a spa-like ensuite bathroom complete with double vanity, soaking tub, and a separate shower.
Both bathrooms have been thoughtfully renovated with modern finishes. Each of the bedrooms offers ample closet space and ceiling fans.
Outside, the fenced backyard surrounds the oversized screen-enclosed pool and covered patio--ideal for BBQs, morning coffee, or an evening swim. The two-car garage and wide driveway offer plenty of parking for your beach toys, golf cart, or boat. The home is also wired for an auxiliary generator. You just need to plug one in near the electric meter outside.
Convenient to the Navy Base, with quick access to Thomas Drive's beachside dining, St. Andrews State Park, and all the excitement of Panama City Beach.
Whether you're searching for a primary residence, vacation home, or investment opportunity, This home is a rare find in a sought-after location. Also, NO HOA FEES!
Schedule your private tour today and start living the beach lifestyle you've been dreaming of!
Payment Calculator
Your Estimated Monthly Payment
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 4, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Relisted | $430,000 | |
| Relisted | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Price Decreased |
$390,000
↓ $35K
(8.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017