34
Map
3964 Pate Pond Road
About This Property
Outdoors, the property is tailored for hobbyists and outdoor enthusiasts alike, offering multiple sheds, pole barns, an attached carport, and a private backyard pond ideal for fishing. Located just 3 minutes from Holmes Creek for boating and kayaking, and only 35 minutes from the world-famous white sand beaches of Panama City Beach, this property combines quiet rural living with easy access to coastal amenities. Bring your vision to life and make this tranquil country retreat your own!
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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 |
|---|---|---|---|
| Dec 27, 2024 | Listed by Counts Real Estate Group | $185,000 | |
| Listed by Counts Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017