2016 Woodfern Path
About This Property
Tucked away in a cul-de-sac, this 3-bedroom, 2-bath home features fresh paint throughout, an open living and dining area with vaulted ceilings, and a wood-burning fireplace. The kitchen offers brand-new stainless steel appliances, neutral wood cabinets, and white countertops. The primary suite offers a walk-in closet and private en-suite bath. Both bathrooms feature convenient shower/tub combos.
Enjoy beautiful LVP flooring throughout the main areas and tile in the kitchen and bathrooms. Additional features include hardi plank siding on the exterior, a fenced backyard and an attached one-car garage.
Water Heater- BRAND NEW.
Roof- 2023.
HVAC- 2019.
Conveniently located in Fort Walton Beach with an easy commute to Eglin AFB, Hurlburt AFB, and Northwest Florida State College.
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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