169 Durango Road
About This Property
Enjoy exceptional outdoor living with three waterfront balconies, a backyard oasis complete with a sandy beach area and cozy fire pit--ideal for relaxing or entertaining after a day on the water.
Inside, the main living area opens to a spacious, covered balcony with tranquil water views, perfect for family dining. The first-floor bedroom and full bath offers walk-out access to a large covered deck an ideal space for guests or multi-generational living. Upstairs, the main suite features a private balcony overlooking the canal and views of Destin Harbor. Additional highlights include two gated beach access points, and close proximity to the soon-to-be-completed Norriego Point Park and East Pass Jetty, placing you right in the heart of Destin's best coastal experiences.
This exceptional home delivers everything the Destin lifestyle promises remodeled luxury, private beach access, and effortless boating right from your own backyard.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017