20 Bayview Drive
About This Property
Step into the timeless elegance of this beautifully maintained home, brimming with vintage charm and modern updates. Featuring 3 spacious bedrooms, 2 bathrooms, and thoughtful upgrades throughout, this property is a true gem. Key highlights include: Whole House Generator: Peace of mind during any weather. Hurricane Shutters: Additional security and protection. Updated Systems: Hot water heater (2025), HVAC (2023), and a brand-new roof to be installed prior to closing. Sprinkler System: Ensuring lush landscaping year-round. Interior Updates: New interior doors and replaced windows (2007). Unique Features: Stunning vintage copper backsplash, two distinct living spaces, a covered back patio, and a cozy wood-burning fireplace.
More.... Nestled in the desirable Longwood subdivision, you'll enjoy exclusive access to the Longwood Community Park for just $40 annually. This waterfront park features a dock, beach, barbecue and picnic areas, ideal for relaxing or hosting family gatherings. This neighborhood also hosts get-togethers for the holidays.
Additionally, the area includes two other parks in Poquito Bayou: Poquito Waterfront Park with a public boat launch (1 mile away) and another park with children's play equipment and a picnic shelter (1.5 miles away).
Conveniently located within 3.5 miles of Eglin Air Force Base and just 7 miles from Downtown Fort Walton Beach, this home offers the perfect blend of comfort, convenience, and community.
Don't miss out on this incredible opportunity to make this house your home!
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | Listed by Coldwell Banker Realty | $315,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017