159 Sunset Bay #23B
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 10, 2014 | Sold | ||
| Sold | |||
| Feb 26, 2014 | Listed by Destination Real Estate Group | $159,000 | |
| Listed by Destination Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2025
|
2 Bed
|
2 Bath
|
-
|
$455,000
2 Bed
2 Bath
|
$435,000
-4.40%
12/08/2025
|
Maria I Paez Mossing
Compass
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
1110 ft²
|
-
2 Bed
2 Bath
1110 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
2 Bed
|
2 Bath
|
1110 ft²
|
-
2 Bed
2 Bath
1110 ft²
|
-
-
|
-
|
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1110 ft²
|
-
2 Bed
2 Bath
1110 ft²
|
-
-
|
-
|
|
02/26/2014
|
2 Bed
|
2 Bath
|
1110 ft²
|
$159,000
2 Bed
2 Bath
1110 ft²
|
$149,000
-6.29%
06/10/2014
|
Frankie Henslee
Destination Real Estate Group
|
Building Info
About Miramar Beach
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 613930
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017