2416 Parker Drive
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 |
|---|---|---|---|
| Apr 12, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed | $494,600 | |
| Listed | |||
| | |||
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Home is under contract with a 72hr kick-out clause. CHECK OUT THE VIRTUAL TOUR! Spectacularly remodeled 4 bedroom gem in the heart of Niceville. New sod, new irrigation, new pool liner and a freshly painted deck & steps are a just some of the exterior improvements. New kitchen, new baths, new flooring and fresh paint are a few of the many interior upgrades. The detached garage also has attic space for extra storage. This home has all the bells & whistles but is one of the lowest priced per square foot homes on the market. It won't last long, bring your buyers! Small shed at rear of property is as-is. The manager has listed the unit size as 3719 square feet.
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| Apr 17, 2018 | Listed by Coastal Realty Services | $494,600 | |
| Listed by Coastal Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017