25 Elderberry Street
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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Listed by D.R. Horton Homes | $350,900 | |
| Listed by D.R. Horton Homes | |||
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Freeport is in the top 10 for the fastest population growth in the Sunshine State and is less than 25 minutes to the beautiful white sandy beaches and emerald, green water of the Gulf Coast. Owls Head is also convenient to restaurants, shopping, golf courses, a regional sports complex, the E.O. Wilson Biophilia Center, and several marinas. The Owls Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10,16 miles to beautiful beaches and Highway 30 A, and 36 miles to Eglin AFB. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. The manager has listed the unit size as 1796 square feet.
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| Aug 1, 2023 | Listed by DR Horton Realty of Emerald Coast LLC | $350,900 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017