2887 Pinecrest Street
About This Property
Conveniently located just minutes from Holmes Creek and Cypress Springs, you'll enjoy easy access to some of the area's most beautiful natural attractions, along with several nearby lakes for fishing, boating, and outdoor recreation. Plus, Panama City Beach is only approximately 37 minutes away, giving you the perfect balance of small-town living and coastal convenience.
Don't miss this chance to invest in a property with potential and location appeal. Contact your favorite agent today to schedule a showing! Buyer/Buyer's agent to verify all measurements, dimensions, and any other pertinent information regarding the property.
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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Keller Williams Realty Southeast Alabama | $62,000 | |
| Listed by Keller Williams Realty Southeast Alabama | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017