2744 Bay Grove Road
About This Property
frontage - Spectacular sunsets across Choctawhatchee Bay - NO HOA!
This property is a haven for water enthusiasts. With direct access to
boating, fishing, and swimming, you'll enjoy endless days on the bay.Just down the street, Grady Brown Park offers boat launches,playgrounds, and splash pads for family fun. Located only 10 minutes from the world-class beaches of South Walton and close to shopping, dining, and entertainment, this home perfectly balances relaxation and convenience.Schedule your private showing today and discover waterfront living at
it's finest!
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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 2, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$900,000
↓ $200K
(18.2%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$1,100,000
↓ $150K
(12%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$1,250,000
↓ $25K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017