135 Cobalt Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Scenic Sotheby's International Realty | $229,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 23, 2023 | Listed by Exp Realty | $229,000 | |
| Listed by Exp Realty | |||
| | |||
|
Have you been looking for a prime location to build your dream home? Now is your chance with this prime lot in Emerald Bay, a prestigious golf course community centrally located along the shores of Choctawhatchee Bay between Destin and the Beaches of South Walton.. This is one of the last remaining golf course lots in Emerald Bay overlooking the green and down the fairway with pond views. Enjoy serenity right outside your door, while bordering elegant homes. Emerald Bay offers many amenities including the Clubhouse featuring a full-service golf pro shop, The Grille restaurant on the 18th green, pool and tennis. Cozy up by the fire on the back porch and connect with your neighbors. Being close to both the Bay and the beach you have an opportunity for an incredible lifestyle! Flood Zone X.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017