Lot 47 Sunset South
About This Property
Bay Harbour is Freeport, Florida's premier bay front neighborhood. Only 116 lots in the neighborhood with many acres of nature preserve provides the privacy you desire. Nearby services include shopping, entertainment and dining. A short drive takes you to the beaches of South Walton County, 30A and the emerald coast! Don't miss your chance to build your dream home is this gorgeous bay front community.
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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 |
|---|---|---|---|
| Feb 10, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $62,000 | |
| Listed | |||
| | |||
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Low HOA Fees! Low Property Taxes! Partial Tap Fees paid. This beautiful Bay Harbour lot is located adjacent to a water front lot and offers a bay view.Bay Harbour is Freeport, Florida's premier bay front neighborhood. Only 116 lots in the neighborhood with many acres of nature preserve provides the privacy you desire. Nearby services include shopping, entertainment and dining. A short drive takes you to the beaches of South Walton County, 30A and the emerald coast! Don't miss your chance to build your dream home is this gorgeous bay front community.
| |||
| Jan 8, 2018 | Listed by Keller Williams Realty Destin | $62,000 | |
| Listed by Keller Williams Realty Destin | |||
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About Walton
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 789181
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