$615,000
●
House -
In Contract
71 Leap Year Lane
Freeport, FL 32439
5 Beds
3 Baths
2,694 Ft²
$3,020
Est. Monthly
About This Property
Custom, spacious 5 bdr, 3 bath home. Features include an open
concept great room, dining and kitchen, all overlooking the
backyard and nature preserve. Spacious MBDR and bath w/a walk in
shower and separate soaking tub. Laundry w/sink. A 3 car garage-w/
attic access for storage, 10' ceilings, w/12' ceiling in great room
and mbdr. Custom soft close cabinetry w/Quartz countertops, 7'
crown molding, tile and LVP flooring (no carpet) tankless water
heater, ceiling fans, window blinds and more! Professionally
landscaped w/sprinkler system and well. Gutters and a 6' high
privacy fence w/gate already in place. (Features List is inc.
in the document section.) This exceptional community offers access
to the extensive array of Hammock Bay amenities
Unit Size
2,694 Ft²
Days on Market
-
Land Size
-
Price per sqft
$228
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: 20 days ago (ECAR #1009826)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Hammock Bay | $615,000 | |
| Listed by Hammock Bay | |||
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed by Hammock Bay | $675,000 | |
| Listed by Hammock Bay | |||
| | |||
|
Builder Incentives inc most of the closing costs! Custom, spacious 5 bdr, 3 bath home. Features include an open concept great room, dining and kitchen, all overlooking the backyard and nature preserve. Spacious MBDR and bath w/a walk in shower and separate soaking tub. Laundry w/sink. A 3 car garage-w/ attic access for storage, 10' ceilings, w/12' ceiling in great room and mbdr. Custom soft close cabinetry w/Quartz countertops, 7' crown molding, tile and LVP flooring (no carpet) tankless water heater, ceiling fans, window blinds and more! Professionally landscaped w/sprinkler system and well. Gutters and a 6' high privacy fence w/gate already in place. (Features List is inc. in the document section.) This exceptional community offers access to the extensive array of Hammock Bay amenities
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Oversized
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Kitchen Island, Pantry, Ceiling Raised, Newly Painted, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup
Appliances: Cooktop, Disposal, Microwave, Refrigerator, Water Heater, Auto Garage Door Opn, Warranty Provided
Flooring Type: Vinyl, Floor Tile
Rooms: 11
Exterior Details
Square Footage: 2694
Property Condition: Construction Complete
Architectural Style: Craftsman
Year Built: 2025
Building Area Total: 2694
Window Features: Window Treatment All
Construction Materials: Frame, Siding Brick Some, Siding CmntFbrHrdBrd
Patio and Porch Features: Covered, Porch
Lot Features: Wooded, Covenants, Curb & Gutter, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water
Lot Size Units: Acres
Lot Size Dimensions: 75 X 168
Water Source: Public
Financial Details
Tax Assessed Value: $198
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Land Recreation, Management, Master Association, Recreational Faclty
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Freeport
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Listed by: Beth Jones, Hammock Bay
Last Updated: 20 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009826
Last Updated: 20 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009826
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