LOT 9 Turtle Cove
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by RealJoy Realty LLC | $974,900 | |
| Listed by RealJoy Realty LLC | |||
| | |||
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RARE FIND! The largest 4 bedroom in VCB! This spacious and stunning custom built home features both modern amenities and architectural character in a fantastic, gated beach community. A short-term rental machine boasting a phenomenal history. 2 Master Suites (1 downstairs and 1 upstairs) This is one your family, friends and vacationing guests will enjoy for a lifetime. The kitchen highlights stainless steel appliances, endless granite countertops, white storybook cabinetry, and a gorgeous backsplash. The home features the coveted 'open floor concept' w/ gorgeous new décor, furniture + a SHIPLAP WALL as the centerpiece. Enjoy spanning western sunsets from your private deluxe-size balcony. Just steps to Destin's world famous beaches, the oversized lagoon pool, steamy hot tub + more! More.. Located just steps away from the fabulous lagoon zero-entry pool which features massive waterfalls, a hot tub, & lush tropical landscaping. The property is a short distance from the beach as well & near the back entrance with additional parking you can walk to the beach or there is a trolley available if you want to ride. Welcome Home!
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| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017