190 Valdare Lane
About This Property
The home's interior showcases custom shiplap detailing throughout, complemented by rich dark hardwood floors that exude warmth and sophistication. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting space for both relaxation and entertaining. The kitchen is a chef's delight, featuring modern appliances, ample cabinetry, and a spacious island for casual dining. A standout feature is the third-floor flex space, perfect for game nights, a playroom, or a cozy media lounge, offering versatility to suit your lifestyle needs.
Situated just 0.5 miles from Walton County's largest public beach access, and within walking or biking distance to shopping and dining at The Shoppes at Inlet Beach, 30Avenue, and Rosemary Beach, this property presents an excellent opportunity for a rental investment or a personal beachside haven.
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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