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1317 E Ravens Run
About This Property
This inviting 3-bedroom, 3-bathroom home features a bright, open-concept living and dining area filled with natural light and perfect for entertaining.
On the main level, you'll find a generous primary suite with direct access to one of the home's two large porches, plus a luxurious primary bathroom complete with a walk-in shower and a deep soaking tub. A second bedroom and full bathroom are also conveniently located on the main level. Upstairs, a private retreat with its own ensuite bathroom offers additional privacy for guests.
The exterior shines with expansive north- and south-facing porches, ideal for relaxing and soaking in the coastal breeze. Offered fully furnished and rental-ready, this home is a true turnkey opportunity for both personal enjoyment and investment opportunity. Located just steps from the Laurel Grove clubhouse, community pool, and fitness center, this home provides effortless access to all of Sandestin's premier amenities, including multiple championship golf courses, tennis and pickleball courts, pristine beaches, Baytowne Wharf dining and shopping, and the community's signature marina.
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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