234 Chestnut Way
About This Property
Situated on over 3/4 of an acre of quiet country living, accented perfectly by a massive screened porch; This is ''old Florida'' living! Water your vegetable and flower gardens from your well, enjoy your farm fresh eggs from your flock as they sit safe in their oversized coup, clean the ''catch of the day'' at your cleaning station, and enjoy the tranquility of country living while taking in the sunset from the front yard swing. (all whilst maintaining the convenience of being 20 minutes from all of the dining, shopping, and entertainment Lynn Haven, Panama City, and Panama City Beach have to offer!)
If the property itself isn't impressive enough, step inside to this thoughtfully designed 4 bed, 3 bath, recently remodeled ranch home!
A massive open concept kitchen and living area greets you as you enter. Entertaining will be a breeze due the the thoughtful layout, granite countertops, updated appliances, and beautiful dark, low maintenance tile flooring!
The central kitchen and living area are surrounded by oversized bedrooms with their own ensuite baths! The master bedroom alone is approximately 400 square feet and features a two person jacuzzi style tub in the master bath! Even the secondary bedrooms are massive and well appointed.
If you're looking for a little more space and privacy for the family without sacrificing the convenience of being close to the city, you're going to want to check this one out!
(Storage shed does not convey)
All measurements are approximate and should be confirmed if deemed important.
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$293,931
↓ $3K
(1%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$296,900
↓ $3K
(1%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Counts Real Estate Group | $299,900 | |
| Listed by Counts Real Estate Group | |||
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017