Lot 21 Cross Creek Circle
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | Listed by Beach Sunsets Inc | $79,900 | |
| Listed by Beach Sunsets Inc | |||
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Build your family home or vacation get away, no HOA fees.. Lot is very near Freeport Marina and Regional Sports Complex in booming Freeport Flood Zone AE with flood insurance required with financing. Walton County Planning states that the rear 25 feet of the lot must remain in its natural state (no clearing permitted at the rear of the lot.)
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by The Keyes Company - Jensen Beach | $40,000 | |
| Listed by The Keyes Company - Jensen Beach | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017