18
Map
3905 Red Deer Circle #LOT49
About This Property
Welcome to Game Farm, a secluded place to call home. Local homebuilder Ben Wortman Construction has brought this quaint community to a central location in Panama City. Wind through the entrance and over the bridge to find this spacious community, future features to include large wide homesites, brick homes, preservation area, ponds, the park, and walking path. CONSTRUCTION: Endless quality upgrades are found in this home including spray foam insulation, 10' ceilings, recessed lighting, all brick exterior, and sprinkler system. Tray ceilings in living room, dining room, & master bedroom and double vanities in the master bath. ACTIVE CONSTRUCTION SITE, please use caution.
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 29, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by CENTURY 21 Commander Realty | $450,000 | |
| Listed by CENTURY 21 Commander Realty | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017