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4114 Irene Lane
About This Property
The Cali is a new home floor plan at Sunny Hills in Chipley Florida. This spectacular floor plan is a 4-bedroom, 2-bathroom home with a two-car garage. The Cali floor plan features a large covered front porch with space for a sitting area. As you enter this home you will find a long hallway leading to the living area. Two bedrooms are off the entry with a full bathroom in between. Across the hall is a fourth bedroom and large laundry room. The fourth bedroom is a perfect space for a den or even a home office. Continuing down the hall, you will find yourself at an open kitchen with center island, a large dining space and comfortable living area. The primary bedroom is found at the back of the home and features a large bathroom with dual sink vanity, separate shower, large soak tub and a large closet.
The interior features of the Cali include EVP flooring in the main living areas and bathrooms and plush carpet in each bedroom. The kitchen is well appointed with a large center island, quartz countertops and beautiful white cabinetry. Prep and clean up from all your meals with your name brand stainless-steel appliances including a smooth top stove, microwave and dishwasher.
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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 |
|---|---|---|---|
| Nov 3, 2026 | Price Increased |
$262,400
↑ $3K
(1%) | |
| Price Increased | |||
| Oct 29, 2026 | Price Increased |
$259,900
↑ $5K
(2%) | |
| Price Increased | |||
| Aug 20, 2026 | Price Decreased |
$254,900
↓ $22K
(7.8%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Increased |
$276,400
↑ $20K
(7.8%) | |
| Price Increased | |||
| Aug 7, 2026 | Listed by DR Horton Realty of Emerald Coast, LLC | $256,400 | |
| Listed by DR Horton Realty of Emerald Coast, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017