113 Mantero Way
About This Property
Recently refreshed with new interior and exterior paint, the home reflects pride of ownership throughout. All carpet has been removed, giving the new owner a blank canvas to select flooring that complements their personal style and truly make the home their own.
Inside, light-filled living spaces and a thoughtfully designed floor plan create an inviting atmosphere ideal for both everyday living and entertaining. Step outside to the screened back porch, which opens to a pavered patio surrounded by lush, manicured landscaping--providing a peaceful and private setting for relaxing or gathering with friends and family. An attached garage offers additional storage and everyday convenience.
Ideally located just a short distance from the community pool and only minutes from Destin's world-famous sugar-white sand beaches, shopping, dining, and entertainment, this home offers the opportunity to enjoy the best of the Destin lifestyle while tucked away in the privacy of a gated community.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$399,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$409,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by The Naumann Group Real Estate Inc | $419,000 | |
| Listed by The Naumann Group Real Estate Inc | |||
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | Price Decreased |
$425,000
↓ $24K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017