Lot 20 Satsuma Road
About This Property
Only 15 minutes to Destin or 10 minutes to Niceville, this is the perfect location to enjoy a relaxing neighborhood but still be within minutes to restaurants, medical, shopping or the beautiful Emerald Coast beaches! While seller believes all info to be accurate, buyer to verify all information deemed important.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$99,900
↓ $6K
(5.7%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$105,900
↓ $5K
(4.5%) | |
| Price Decreased | |||
| Sep 14, 2026 | Price Decreased |
$110,900
↓ $1K
(0.9%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$111,900
↓ $1K
(0.9%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$112,900
↓ $1K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017