202 W Grand Key Loop
About This Property
The Villages of Crystal Beach boasts a resort lifestyle offering a huge pool with waterfall features, outdoor grilling area, and beach access. Location is one of the key features of this community, being less than 2 blocks from the pristine Destin beaches, shopping at Destin Commons, award winning golf courses, and Destin's finest restaurants. During season, The Villages of Crystal Beach offers shuttle service to the beach for owners and guests. The rental history in this community continues to trend upwardly each year. Unlike most beach communities, this neighborhood is located in the X zone which means lower insurance premiums Home is being sold fully furnished although some personal items do not convey. New buyer must honor Summer rentals that are already booked.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017