56 Quail Court
About This Property
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Real Broker LLC | $349,900 | |
| Listed by Real Broker LLC | |||
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Welcome to your sweet slice of serenity in Freeport, Florida—a small-town gem that's booming with growth and opportunity! This adorable Craftsman-style cottage is tucked away at the end of a quiet cul-de-sac on a generous half-acre lot, with no HOA in sight (that's right—NO HOA!).
This home is truly turn-key, with repairs already done and a long list of upgrades that will win you over: new luxury vinyl plank flooring, new roof, new Trane AC, updated fixtures, fresh paint throughout, and even a whole-house security system to give you peace of mind.
Step inside and enjoy a smartly designed 3 bedroom, 2 bath layout with a bright, efficient kitchen and cozy, welcoming spaces throughout. Morning coffee feels better on the screened-in front porch, and evenings are magical on the large, newly screened-in back porch, overlooking your private fenced backyard.
In addition, the deck with built-in bench seating is made for BBQs, bonfires, or lazy nights under the twinkling café lights. Need extra storage? You've got a detached storage building out back ready for your tools, toys, or hobbies.
All this quiet country charm is located just minutes from shops and restaurants, and only 15 minutes from the white-sand beaches and emerald waters of the Emerald Coast.
In one of Florida's fastest-growing cities, this charming, updated cottage is ready for you to move in and start living the good life!
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| Sep 22, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Mims Real Estate Advisors Llc | $225,000 | |
| Listed by Mims Real Estate Advisors Llc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017