220 Wiggle Lane
About This Property
Home to tremendous shopping and multiple high end restaurants.
Rosemary's layout makes it easily walkable to all aspects of the community from the multiple community pools, parks, and other recreational areas along with shopping and dining. No matter what time of year you come there are farmer's markets to enjoy along with other events throughout the year. Whether you are a Rosemary Beach frequent flyer or just learning about the community, this is a home to take the time to view.
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$3,450,000
↓ $80K
(2.3%) | |
| Price Decreased | |||
| Jan 15, 2025 | Price Decreased |
$3,530,000
↓ $65K
(1.8%) | |
| Price Decreased | |||
| Dec 1, 2024 | Listed by Live 30A Real Estate LLC | $3,595,000 | |
| Listed by Live 30A Real Estate LLC | |||
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Welcome to 220 Wiggle Lane, a timeless Rosemary Beach home where charm, comfort, and convenience blend seamlessly. This stunning property features 6 spacious bedrooms, 5 full bathrooms, and 1 half bath, offering 2,804 square feet of beautifully designed living space. Located just moments from the Fitness Center, Sky Pool, and Racquet Club, this home offers the perfect combination of prime location and serene living.
Backing up to a picturesque green space and park, you'll enjoy the peace and privacy of your own outdoor oasis. The home is thoughtfully updated, including granite countertops in the kitchen, first-floor AC unit ('24), water heater ('22), and updated flooring on the third level ('24). Additionally, a second refrigerator added in 2023 enhances the home's functionality for both personal and rental use.
Sold fully furnished, this home is ready for immediate enjoyment. With a 10/10 rating from 32 reviews on VRBO and a remarkable $135,000 in gross rental income for 2023, it also presents a lucrative investment opportunity.
The large master bedroom is a true retreat, complete with a sitting area and private balcony, while the home's setting along canopy oak tree-lined streets adds to its natural beauty and appeal. Whether you're seeking a vacation retreat, rental investment, or a forever home in Rosemary Beach, 220 Wiggle Lane is an exceptional choice.
Don't miss the opportunity to make this one-of-a-kind property yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017