102 Porter Way #LOT59
About This Property
Welcome to the Avalon plan from Boswell Builders, nestled in the coveted Watersound Origins neighborhood, Powell Landing East. This 1-story home design features 4 bedrooms, 4.5 bathrooms, 2-car garage, private pool+spa, along with an outdoor kitchen. The main living space features a grand, open-concept great room with a living room fireplace and a stunning kitchen featuring wood cabinetry, quartz countertops, and stainless steel appliances. This home also features 10' ceilings throughout, wood closet shelving, crown molding in main living areas and primary bed + bath, and 8' interior doors, stacked kitchen cabinets to the ceiling, A/V system in living room, plus more.
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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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2025 | Listed by Berkshire Hathaway HomeServices | $1,187,540 | |
| Listed by Berkshire Hathaway HomeServices | |||
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Last Updated: 9 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 969518
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017