2641 Highway 77
About This Property
This home provides a serene retreat with ultimate privacy, perfect for the outdoor enthusiast. It includes 2 full bedrooms, one and a half bathrooms, and an additional loft area upstairs, suitable for a third bedroom or storage.
As you enter, you will instantly notice the hardwood flooring throughout, rustic lighting fixtures, floor to ceiling stone-woodburning fireplace, tongue & groove vaulted ceilings, and recessed lighting in the living room. The open concept floor plan features a kitchen that contains a large island, custom wood cabinets and pantry, and stainless-steel appliances.
The one-of-a-kind wood dining table conveys with the sale. There is a washer and dryer and an additional refrigerator in the laundry room that will all convey with the sale as well as a deep freezer that will remain with the property.
The primary bedroom is spacious and contains a large walk-in closet and electric fireplace. The ensuite bathroom features a double vanity, stone shower matching the wood burning fireplace in the living room, and large soaking tub.
The front porch is massive, measuring approximately 50' x 8, which allows ample room for rocking chairs and the opportunity to enjoy sunsets on the front porch swing. This gem of a property is fully equipped with a Generac Generator ideal for power outages, and includes a double carport with additional attic storage, a large back deck area, and a powered workshop.
The property is expansive enough for hunting white-tail deer during the season and has the potential to establish a shooting range for the sportsman. This property offers a blend of rustic charm and modern conveniences, making it an ideal home for outdoor enthusiasts. With this location, you are only a short 6-minute drive to Walmart Supercenter, Blue Lake Park (Earl Gilbert Landing), and various restaurant opportunities. Don't miss out on the chance to own this gem in Chipley, Florida.
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$324,000
↓ $21K
(6.1%) | |
| Price Decreased | |||
| Jul 22, 2025 | Relisted | $344,900 | |
| Relisted | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017