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Map
5104 Rivergrass Drive
About This Property
Titus Park is in Panama City, Florida and is only minutes away from Tyndall Airforce Base! This large-scale multi-phase community is located off Highway 390 at Highway 231, centrally located for an abundance of shopping, restaurants, and great schools! Beautiful white sands beaches are just a short drive from your doorstep. Access the bay for fun and fishing by use of the public boat ramp only 3 miles away. There will soon be a Publix shopping center across the street from the community entrance. Titus Park highlights some of the most beautiful floorplans, which have amazing features. We are building both our affordably priced Express Homes as well as our Traditional Series with upgraded finishes both inside and out. Contact a D.R. Horton Sales agent for more information on everything that Titus Park has to offer!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | No longer available | - | |
| No longer available | |||
| Mar 16, 2024 | Price Decreased |
$309,675
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Mar 3, 2024 | Listed by D.R. Horton Homes | $319,675 | |
| Listed by D.R. Horton Homes | |||
| | |||
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As you enter this Cali floorplan you will find traditional 8' ceilings. Engineered Vinyl Plank flooring in all common areas of the home and carpet in bedrooms. Open concept floor plan for entertaining. The kitchen has a center island, a large pantry, White Cabinets with durable laminate countertops. The kitchen is equipped with Brand name SS Range, Dishwasher and Microwave. A standard Smart Home package includes a KwikSet keyless entry, Skybell doorbell, automated front porch lighting, an Echo Dot device, and Quolsys touch panel which can be integrated to control your lighting, thermostat, front door and so much more. A builder 10 year structural warranty is also included. The manager has listed the unit size as 1787 square feet.
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| Jan 15, 2024 | Listed by DR Horton Realty of Emerald Coast, LLC | $309,675 | |
| Listed by DR Horton Realty of Emerald Coast, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017