Lot 13 Dolphin Court
About This Property
This beautiful, new construction, craftsman-style home sets the standard for design & sustainability in Northwest Florida. This energy efficient home is constructed of Insulated Concrete Forms (ICF) which have efficiency ratings 50%-70% greater than a typical home. ICF construction provides unparalleled strength and longevity for the home's superstructure far out
performing any wood framed house. High end design features throughout and not found in another home at this price point. This new construction home is scheduled for a 2016 spring completion generous allowances available to pick custom finishes and colors!
Builder and mortgage incentives available - call now for a consultation!
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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 17, 2016 | Sold | ||
| Sold | |||
| Jan 26, 2016 | Listed by NBI Properties Inc | $279,000 | |
| Listed by NBI Properties Inc | |||
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 745766
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