1691 Dry Pond Road Road
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%.
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by The Homestore, LLC. | $599,900 | |
| Listed by The Homestore, LLC. | |||
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This home was built in 2022 and features loads of custom upgrades. The home also sits on a level and mostly open 4 acre lot with established hardwoods. From the exterior you will notice the modern farmhouse design with a custom metal roof and Hardie Board and Batton siding. A list of other upgrades include a natural gas tankless hot water heater, a natural gas fireplace and stove, heated tile floor in the master bathroom, 10 ft ceilings throughout, 20x8 ft insulated garage door, oversized garage, spray foam insulation, outdoor sink, and upgraded HVAC 2 stage heat pump with a variable speed air handler and high efficient air cleaner with a UV light. The home has 3 large bedrooms and 2.5 bathrooms. The lot is also large enough to subdivide to have another lot beside it for a home. This custom built home on acreage is a rare find in North Walton County. Schedule a tour today before it's gone tomorrow.
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| Mar 7, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by The HomeStore | $119,900 | |
| Listed by The HomeStore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017