1786 N Hwy 181
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | Relisted | $229,000 | |
| Relisted | |||
| Feb 17, 2024 | No longer available | - | |
| No longer available | |||
| Aug 19, 2023 | Listed by Panhandle Realty, LLC | $275,000 | |
| Listed by Panhandle Realty, LLC | |||
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Price improvement on home and 4.5 acres in country setting. Motivated seller. If you want to be away from the hustle and bustle in the country with some elbow room, this one is for you. One hour drive to beautiful beaches of south Walton and Panama City Beach. Home has newer metal roof put on in September, 2022. Half of the land has been cleared. Wooded area on back portion. Two car carport with concrete slab. Metal barn for storage. There is also a second 2 car carport. Fenced in area for pets in front yard. Hardwood floors throughout, large living room with wood burning fireplace and cathedral ceilings, master bath with garden tub, shower, and double vanity, lots of closet space. Fronts paved road. No HOA and no restrictions known. Call us today. The manager has listed the unit size as 1440 square feet.
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| Sep 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017