264 Johns Lane
About This Property
The thoughtfully updated interior offers approximately 2,918 square feet. The open main floor features a stunning kitchen with white shaker cabinetry, granite countertops, and a distinctive statement range. A spacious living area with cozy fireplace flows to expansive porches and a large screened patio overlooking peaceful woods and creek views.
Upstairs, a massive vaulted bonus room provides incredible versatility for a home gym, playroom, media lounge, or guest quarters. Four comfortable bedrooms and two well-appointed bathrooms include a fun-themed children's room and charming nursery.
Outside, enjoy a large cleared grassy area ideal for recreation and outdoor activities, plus direct Alaqua Creek access perfect for fishing and kayaking. The open lower level of the home provides covered parking and storage space, while mature trees ensure privacy and a tranquil setting.
Conveniently located on a private road yet near pristine beaches, shopping, dining, and excellent schools in growing Walton County, this move-in-ready waterfront retreat delivers peaceful seclusion with easy Emerald Coast access. Schedule your private tour today!
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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 |
|---|---|---|---|
| Jun 23, 2026 | Price Decreased |
$419,000
↓ $16K
(3.7%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by HomeBiz Properties | $435,000 | |
| Listed by HomeBiz Properties | |||
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | Price Decreased |
$459,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017