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3620 Eagle Lane
About This Property
Located just minutes from shopping, dining, schools, and everyday essentials, you'll enjoy easy access to both Panama City and Lynn Haven while still having space to spread out. The lot features an existing driveway and cleared area, helping jumpstart your building plans and saving time on prep work.
Surrounded by a mix of established homes and ongoing improvements, this area continues to grow--making it an attractive option for both homeowners and investors alike. With no HOA and plenty of potential, this is your chance to secure an affordable piece of Bay County and create something truly your own.
Buyer to verify all measurements, zoning, utilities, and land use.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017