L 20 Wildwood Lks Drive
About This Property
Qualified buyers may receive a lender credit toward a permanent interest rate buydown--helping make this beautiful new home even more affordable. Discover this spacious new construction home featuring a desirable split floor plan with 3 bedrooms and 2 bathrooms, offering a total of 2,479 sq ft of comfortable living space. Nestled on a beautifully wooded 1.033-acre lot, this property provides the perfect balance of privacy and natural surroundings. Step inside to an open-concept layout filled with natural light, ideal for both everyday living and entertaining. The kitchen offers plenty of space to gather and create lasting memories. The primary suite is a true retreat, complete with a walk-in closet and a luxurious ensuite bathroom featuring a tiled shower and his-and-hers sinks. Opportunity to pick interior and exterior colors depending on time of signed contract.
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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%.
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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 29, 2026 | Listed by Keller Williams Realty FWB | $352,519 | |
| Listed by Keller Williams Realty FWB | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | Listed by Keller Williams Realty FWB | $39,000 | |
| Listed by Keller Williams Realty FWB | |||
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1.033 acre lot Zoned Rural Village. Flood Zone is X. The lot is cleared cleared and filled and an existing paved road with a cul-de-sac. Can be sold individually or all 16 lots. Another option : pick your lot and work with SHS, a local Walton County Builder. AVERAGE BUILD TIME 4 MONTHS. Wildwood Lakes Phase III offers a fully approved residential development of 16 single-family homes in an up-and-coming market. Prime position 1 mile off US 90 and just 15 minutes from US 331 and I-10, able to reach Destin and Fort Walton in less than an hour. These nearby connections will place employment and recreation hubs at residents' fingertips. The area is rich with natural foliage dotted by clear cold-water springs and bounded by sparkling white sand beaches, providing endless opportunities for
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| Jan 19, 2021 | Sold | ||
| Sold | |||
| May 4, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017