201 Matties Way
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 |
|---|---|---|---|
| Dec 10, 2025 | Listed by Christies International Real Estate Emerald Coast | $1,250,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Price Decreased |
$1,389,000
↓ $11K
(0.8%) | |
| Price Decreased | |||
| Oct 6, 2023 | Listed by Engel & Volkers 30A Beaches | $1,400,000 | |
| Listed by Engel & Volkers 30A Beaches | |||
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Incredible is one word to describe this immaculate home: incredible neighborhood, incredible floor plan, and incredible features. The home has been fully renovated in the last five years. The interior paint, pool tiling, spa tiling, appliances, water heater, and 22KW home generator are less than 2 years old. Located inside the gates of the highly sought-after Kelly Plantation neighborhood, this home is perfectly situated backing up to a private nature preserve. On the first floor, you have the master bedroom suite, a guest bedroom with full bath, and an office. On the second floor you have two more guest bedrooms with full baths, plus a bonus room. The home also has a large 3 car garage with copious storage space and cabinets. Make this your home and enjoy lounging around the lanai or relaxing in the heated, saltwater swimming pool and spa. Kelly plantation is a gated community located in the heart of Destin, Florida and features premier access to incredible community amenities such as the golf club, clubhouse with community pool & fitness center, tennis & pickle ball courts and a multitude of green space, walking trails, lakes, playgrounds and outdoor activities. Owner offering wrap-around financing at much lower interest rate than market average for eligible buyers. The manager has listed the unit size as 3027 square feet.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017