46
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1155 N Troon Drive
About This Property
2025 improvements included a new roof, all new impact windows and glass doors, 2 new hot water heaters, fresh paint throughout the entire interior, and resurfaced ceilings throughout. This home features four bedrooms & four and a half bathrooms, oversized living room, and an enormous family room providing ample space for family and guests. The large main floor primary suite features a sitting area and dual walk-in closets, ensuring plenty of storage. The kitchen has steel appliances, granite countertops, and stone tile backsplash. Enjoy meals in the formal dining room or breakfast room or relax and read a book in the sitting room. Step outside to your private backyard oasis, complete with a private pool, patio, and fenced-in yard. The property also features an oversized attached two garage with additional space to park 3 golf carts. A new circular driveway added in 2024 allows for six additional cars. Don't miss the opportunity to make this exceptional property you next home. Sandestin Golf and Beach Resort offers world-class amenities that include, pristine beach frontage, championship golf courses, tennis courts, a marina, dining, shopping, entertainment at the Village of Baytowne Wharf, and Grand Boulevard. The entire 2400-acre resort is connected by miles of pedestrian, bike, and golf cart paths.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$1,900,000
↓ $195K
(9.3%) | |
| Price Decreased | |||
| Aug 15, 2026 | Price Decreased |
$2,095,000
↓ $200K
(8.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Compass | $2,295,000 | |
| Listed by Compass | |||
| Aug 24, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017