192 Bayou Circle
About This Property
-Grinder pump system
-Deep well irrigation for sprinkler system (cost-efficient lawn maintenance)
-10 x 20 storage shed
Located in one of Walton County's fastest-growing communities, Freeport offers easy access to Highway 331, the beaches of 30A and Santa Rosa Beach, and a convenient commute to Destin. With continued growth in retail, dining, and infrastructure, this location delivers both lifestyle and long-term value.
192 Bayou Circle is truly move-in ready, offering exceptional quality and thoughtful design both inside and out!
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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 |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$659,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$669,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 23, 2026 | Price Decreased |
$679,000
↓ $8K
(1.2%) | |
| Price Decreased | |||
| Feb 28, 2026 | Listed by Sanders Beach Realty LLC | $687,000 | |
| Listed by Sanders Beach Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017