1752 Hopper Street
About This Property
Every detail has been carefully considered, with fresh interior and exterior paint giving the home a clean, modern feel. Enjoy peace of mind with major system upgrades, including copper wiring, a newer roof (2014), a brand new water heater (2024), and an updated AC system (2017). Located within walking distance to nearby parks and public water access, without the cost of an HOA, this home offers the ideal Florida lifestyle. Boaters will appreciate easy navigation from Rocky Bayou into the wide-open waters of Choctawhatchee Bay, renowned for fishing, boating, and stunning views. Just 12 to 15 miles away by water, Destin's East Pass provides quick access to the Gulf of Mexico.
For those commuting to nearby military bases, the home is conveniently located about 6 to 8 miles from Eglin Air Force Base and 20 miles from Hurlburt Field.
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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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jan 11, 2025 | Price Decreased |
$344,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Dec 28, 2024 | Price Decreased |
$346,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017