112 Black Bear Circle
About This Property
The Preserve at Swift Creek is an intimate subdivision that is perfectly located within minutes of Rocky Bayou Christian School, Ruckel Middle School, Niceville High School, Northwest Florida State College, Twin Cities Hospital, and a short commute to Eglin, Duke, 7th Group, and Hurlburt Field. Jump right onto the 293 bypass and sail directly across the Mid Bay bridge to Destin and the famed white sand beaches of the Emerald Coast.
Updates include:
Pool, spa, fire pit, paver patio 2017
Refrigerator and Dishwasher 2019
Fence replaced 2025
Garbage disposal 2024
Additional Bedroom carpet replaced with vinyl plank flooring 2019
Various HVAC components replaced 2015, 2017, 2019, 2025
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017