248 Bunny Lane
About This Property
Recently Repriced! Experience country living at its finest without sacrificing the beach lifestyle. This 13.75-acre gem in Freeport offers the space you've been searching for with the convenience you need.
Room to Grow: 13.75 acres of pristine land ready for horses, gardens, or a private family compound.
Prime Location: Only 4 miles from the 331 corridor, offering a quick commute to world-class dining, shopping, and the sugar-white sands of the Gulf.
Start Today: A functional homestead is already on-site, allowing you to live on the property while you design and build.
Community: Located in a high-growth area known for excellent schools and a peaceful, tranquil atmosphere.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 8, 2026 | Listed by ERA American Real Estate | $895,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017