2386 Duncan Ridge Drive
About This Property
Inside, you'll find an inviting floor plan with attractive LVP flooring, making the smaller square footage feel spacious and comfortable-it's designed to maximize every inch! This is the ideal home for anyone who desires minimal maintenance and maximum enjoyment, all without the hassle of an HOA.
The location is truly unbeatable! You are just two miles from the famous white sandy beaches of the Navarre, offering the ultimate blend of everyday convenience and coastal charm. Enjoy easy access to Navarre shopping centers. Conveniently located to both Eglin AFB and Hurlburt Field AFB.
With a comfortable layout and an attached 1-car garage, this home offers incredible accessibility and is an absolute must-see!
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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