32
Map
$324,900
↓ $15K (4.4%)
●
House -
For Sale
4987 Gaineswood Drive
Milton, FL 32583
4 Beds
2 Baths
1,856 Ft²
$1,596
Est. Monthly
About This Property
Welcome to Plantation Woods! The charming Beau is one of our most
popular & highly desired open concept designs. Equipped with four
beds, two baths, a covered patio, and a two-car garage. A
thoughtfully designed kitchen offers relaxed living with a lg.
island bar, quiet dishwasher, all stainless appliances, and pantry.
The primary bedroom and adjoining bath feature a walk-in closet,
double sink vanity, tub, and separate shower. Quartz countertops in
the kitchen and baths, wood look flooring throughout, and plush
carpet in the bedrooms. The Smart Home Connect System includes
several convenient devices you will love. Fabric Hurricane door and
window protection are also included. ALL LISTING pictures, colors,
features, and size may vary. Square footages are approximate.
Unit Size
1,856 Ft²
Days on Market
74 days
Land Size
0.29 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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: 10 days ago (ECAR #1009103)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$324,900
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by DR Horton Realty of Northwest Florida LLC | $339,900 | |
| Listed by DR Horton Realty of Northwest Florida LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry, Lighting Recessed, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Water Heater, Auto Garage Door Opn, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided
Flooring Type: Vinyl, Floor WW Carpet New
Rooms: 8
Exterior Details
Square Footage: 1856
Property Condition: Construction Complete
Architectural Style: Craftsman
Year Built: 2026
Building Area Total: 1856
Construction Materials: Siding Brick Some, Siding CmntFbrHrdBrd
Patio and Porch Features: Covered
Lot Size Area: 0.29
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Size Square Feet: 12632.4
Lot Size Dimensions: Please see agent for plat.
Water Source: Public
Financial Details
Tax Assessed Value: $137
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Management
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About East Milton
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Listed by: Olesya Chatraw, DR Horton Realty of Northwest Florida LLC
Last Updated: 10 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009103
Last Updated: 10 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009103
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