$499,000
●
House -
For Sale
402 Sweet Tea Lane
Freeport, FL 32439
3 Beds
3 Baths
2,444 Ft²
$2,451
Est. Monthly
About This Property
Great price on this spacious home in Sweetwater at Hammock Bay! All
homes in this neighborhood are finished and very complimentary of
each other. It has great access to the west entrance of Hammock Bay
and is close to the amenities. This pet and smoke free home is
located on a large corner lot. An open floor plan w/the
living/kitchen area overlooking the covered back porch and
additional patio. So many upgrades: leaded glass entry door, tile
flooring throughout, /w carpet in the bedrooms. Granite
countertops in kitchen and baths, stainless steel appliances, crown
molding, tile shower in mbdr, garden tub in mbdr, large walk in
closet, 3 car garage.
Exterior features: low maintenance brick, gutters, landscaping w/ sprinkler system and well,
All of this and enjoy the wonderful amenities in Hammock Bay: Pools, Clubhouses, Fitness Ctrs, Sports Complex, Bayfront w/dock, General Store, Brewery and more!
Exterior features: low maintenance brick, gutters, landscaping w/ sprinkler system and well,
All of this and enjoy the wonderful amenities in Hammock Bay: Pools, Clubhouses, Fitness Ctrs, Sports Complex, Bayfront w/dock, General Store, Brewery and more!
Unit Size
2,444 Ft²
Days on Market
4 days
Land Size
0.28 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 23 hours ago (ECAR #1012903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by Hammock Bay | $499,000 | |
| Listed by Hammock Bay | |||
| Oct 9, 2022 | No longer available | - | |
| No longer available | |||
| Sep 30, 2022 | Listed by Realty ONE Group Emerald Coast | $635,000 | |
| Listed by Realty ONE Group Emerald Coast | |||
| | |||
|
If you were looking for the perfect home in Hammock Bay, this is it!! This beautiful ranch style brick home features a covered front porch. The inviting foyer opens up to a large great room. The open style kitchen features a large granite island, upgraded appliances, gas range, double oven and walk in pantry making it perfect for entertaining. This house sports 3 spacious bedrooms, a large flex/office room, and a formal dining room. Enjoy the Florida weather on your covered back patio where you can sit and relax, grill out and watch the games. The extra-large 3 car garage was built with a 4 ft extension leaving ample space for parking and a workshop. You can even store all of your toys with plenty of room to spare! The manager has listed the unit size as 2444 square feet.
| |||
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | Listed by Dalton Wade Inc | $635,000 | |
| Listed by Dalton Wade Inc | |||
| | |||
|
Don't miss out on this beautiful newly built (2020) home in Hammock Bay. This gorgeous ranch style brick home has it all. Enjoy your front covered porch and inviting foyer area that opens up to a large great room perfect for entertaining. The kitchen features a 7ft granite island, upgraded appliances, gas range, double oven and walk in pantry. There are 3 generously sized bedrooms along with a large flex/office room, and a formal dining room. This home is designed in a neutral palette to make for effortless decorating. Out back you will love the covered extended patio where you can sit and relax, grill out and watch the games. The 3 car garage was built with a 4ft depth extension, and is perfect for all your toys. Stop by and check out all Hammock Bay and this home has to offer The manager has listed the unit size as 2444 square feet.
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Kitchen Island, Pantry, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Lighting Recessed, Pull Down Stairs, Washer/Dryer Hookup, Woodwork Painted
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Smoke Detector, Warranty Provided
Flooring Type: Laminate, Floor WW Carpet
Rooms: 6
Exterior Details
Square Footage: 2444
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 2020
Building Area Total: 2444
Window Features: Window Treatment All
Construction Materials: Brick, Frame
Patio and Porch Features: Covered, Porch
Pool Features: Pool Type
Lot Features: Cleared, Corner Lot, Level, Covenants, Curb & Gutter, Interior, Restrictions, Sidewalk
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Lot Size Dimensions: 75 x 155
Water Source: Public
Financial Details
Tax Assessed Value: $198
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Trash, Land Recreation, Management, Master Association, Recreational Faclty
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Freeport
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Listed by: Beth Jones, Hammock Bay
Last Updated: 23 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1012903
Last Updated: 23 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1012903
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