$239,000
●
House -
In Contract
18040 N Us Highway 331
DeFuniak Springs, FL 32433
4 Beds
2 Baths
1,740 Ft²
$1,261
Est. Monthly
About This Property
Welcome Home to North Walton County! Discover the perfect blend of
comfort, space and country charm in this beautifully maintained,
move-in ready home located in one of North Walton's most desirable
areas. Situated on just over an acre in the sought-after Paxton
School zone, homes of this quality are a rare find! Designed with
functionality and family living in mind this home offers 4 bedrooms
(one currently functioning as an oversized laundry room), 2 full
baths and multiple living and dining spaces to accommodate everyday
life and entertaining alike. Kitchen features custom built real
wood cabinetry and opens into additional dining or family room
creating a warm inviting space. The living room and dining room
greet you just inside the entrance. Step outside and find all the
room you need for country living. Raise chickens, garden, children
playing, or just enjoy the country. There are 2 parcels included in
this to constitute the 1.1 acres. If you have been looking for your
own slice of country living, THIS IS THE ONE!
Come experience country life in North Walton County or as we call it...GOD'S COUNTRY!!
Come experience country life in North Walton County or as we call it...GOD'S COUNTRY!!
Unit Size
1,740 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
1962
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 24 days ago (ECAR #1008169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Listed by Team Walton Real Estate Professionals | $239,000 | |
| Listed by Team Walton Real Estate Professionals | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Oct 10, 2024 | Listed | $249,000 | |
| Listed | |||
| | |||
|
Beautiful spacious home that has been carefully maintained and updated. Newer metal roof (approx 3 years), new HVAC unit in 2022, upgraded electrical, all new vinyl plank flooring (no carpet!!) , new interior painting, new bathroom fixtures and more. 4th bedroom used as laundry room but previously was a bedroom so has closet. Master bedroom and other bedrooms are great sizes. Open Living Room and Dining area. Kitchen is open to family room area. Kitchen includes stove, dishwasher, refrigerator and microwave with breakfast bar and solid Birch cabinets. Outside is a number of fruit trees plus 2 pecan trees. Beautiful landscaping featuring many azalea bushes. Patio. There is also a storage building with a lean-to. Sellers are leaving all security cameras. Paxton A+ Schools. Call today!!
| |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport, Covered
Interior Details
Full Bathrooms: 2
Interior Features: Walls Paneled, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Microwave, Range Hood, Washer, Water Heater, Stove/Oven Electric
Flooring Type: Vinyl
Rooms: 13
Exterior Details
Square Footage: 1740
Property Condition: Renovated, Construction Complete
Architectural Style: Traditional
Year Built: 1962
Building Area Total: 1740
Other Structures: Shed(s)
Construction Materials: Brick, Frame
Lot Size Units: Acres
Lot Size Dimensions: 360x340x380
Water Source: Public
Financial Details
Tax Annual Amount: $1,046
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump Air To Air
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Walton
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Listed by: Austin B Arnold, Team Walton Real Estate Professionals
Last Updated: 24 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1008169
Last Updated: 24 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1008169
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