15 W Lafayette Road
About This Property
At the center of the main living area, the island kitchen connects seamlessly to the dining and living spaces. Shaker style cabinetry extends to the ceiling, complemented by granite countertops, a subway-style backsplash, and GE stainless steel appliances including a gas cooktop. Large windows and French doors along the rear wall fill the home with natural light, creating a bright and welcoming atmosphere.
The primary suite offers a peaceful retreat with dual vanities, a walk-in closet, an oversized shower, and a freestanding soaking tub. A versatile office with double doors provides flexibility for remote work, a playroom, or hobby space. Plantation shutters throughout allow you to adjust privacy and light to suit the moment.
Outdoor living is equally inviting. The screened lanai has room for a future summer kitchen if you decide to add a gas line, and the side yard provides a rare green buffer that enhances the feeling of openness and space.
Residents of NatureWalk enjoy exclusive access to a lakeside amenity center featuring a fitness facility, pool, sundeck, tennis and pickleball courts, and outdoor gathering areas - all within a gated setting. Homeowners can also enjoy the Village Commons in Watersound Origins, which offers another resort-style pool, fitness center, par-3 golf course, and a community garden.
Every detail of this home is purposeful, refined, and designed for modern coastal living in one of the area's most sought-after communities.
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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, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$897,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by Christies International Real Estate Emerald Coast | $917,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017