262 Plantation Circle
About This Property
Inside, the four-bedroom, four-bath home is comfortable and full of personality. The kitchen opens naturally to the main living area, making it easy for everyone to gather after a day at the beach. Multiple doors connect the interior to the porches, and the upper level adds a relaxed bunk-and-lounge area where children and guests can have a space of their own.
Above the garage is unfinished space designed for a one-bedroom, one-bath apartment. Once completed, it could become private guest quarters, an owner's retreat, a home office or additional rental accommodations--adding another layer of flexibility and income potential to the property.
Whether used as a full-time home, a second home near the Gulf or a vacation rental, 262 Plantation Circle offers the kind of coastal lifestyle guests return for: room to gather, private spaces to retreat, a resort pool nearby and the beach, dining and everything Santa Rosa Beach has to offer just minutes away.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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