113 Fletcher Way
About This Property
Old Destin. Thoughtfully designed with farmhouse-style cement board exteriors, elegant paver driveways, and enchanting gas lanterns, these homes exude
warmth and sophistication. Each residence boasts a full gas appliance package, Navien tankless water heaters with recirculation pumps, metal roofs, front
porch gas accent lights, and luxury vinyl flooring throughout, all set against beautifully landscaped surroundings.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by Real Estate Empowered LLC | $687,900 | |
| Listed by Real Estate Empowered LLC | |||
| Aug 6, 2025 | Price Increased |
$687,900
↑ $10K
(1.5%) | |
| Price Increased | |||
| Apr 11, 2025 | Listed | $677,900 | |
| Listed | |||
| | |||
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Discover The Destin Cottages—a rare fusion of new construction and timeless charm in a gated enclave of just 12 coastal homes in the heart of
Old Destin. Thoughtfully designed with farmhouse-style cement board exteriors, elegant paver driveways, and enchanting gas lanterns, these homes exude
warmth and sophistication. Each residence boasts a full gas appliance package, Navien tankless water heaters with recirculation pumps, metal roofs, front
porch gas accent lights, and luxury vinyl flooring throughout, all set against beautifully landscaped surroundings.
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About Eastwood
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Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 997993
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017