157 Valdare Lane
About This Property
The location is one of the home's biggest advantages. Enjoy a short bike ride to the Inlet Beach Regional Beach Access, 30Avenue shopping and dining, Rosemary Beach, Camp Helen State Park, and the pedestrian underpass providing convenient access to the 30A corridor. The community also features a pool, adding even more appeal for vacationers. With its strong rental history, modern construction, spacious layout, and close proximity to some of South Walton's most desirable destinations, this home is ready for its next owner to enjoy from day one.
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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