103 SUZANNE Drive
About This Property
Room for swimming pool - see design rendering. 10 foot ceilings, Brazilian cherry floors, granite kitchen. Efficient upside down floor plan with living space up, bedrooms down. Bonus room can serve as office, den etc. New bedroom carpet and fresh interior paint in 2013. All closets built out. Entire house wired for sound & home theater, built-in speakers throughout. Pull down stairs lead to large attic storage space above carport. Boardwalk leads to creek bordering north end of lot. No HOA dues! There is simply no other home available at this price so close to the Gulf, Seaside, Publix etc.
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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%.
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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.
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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 10, 2020 | No longer available | - | |
| No longer available | |||
| Dec 31, 2019 | Listed by Engel & Volkers 30A Beaches | $899,000 | |
| Listed by Engel & Volkers 30A Beaches | |||
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GREAT LOCATION!!! Custom coastal home in quaint Seagrove Beach, perfect full time residence, second home, or vacation rental property. Flip floor plan with living space, bedroom, bunk room on second floor and three bedrooms on first floor. Newly remodeled bathrooms and new tile floors in foyer. 10 foot ceilings, Brazilian cherry wood floors, wired for sound & home theater, built-in speakers. 2 Rinnai gas water heaters. Large front porches with fenced in front yard and a carport. Lot backs up to creek with room for a pool. NO HOA, quiet, paved road with no thru traffic. Three blocks from three public beach accesses. New washer, dryer, and dishwasher. The manager has listed the unit size as 2178 square feet.
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| Mar 25, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2015 | Listed by Better Homes and Gardens Real Estate Coast Properties | $555,000 | |
| Listed by Better Homes and Gardens Real Estate Coast Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017