2708 W Highway 98 #25
About This Property
for owners and guests. The complex also features a heated swimming pool, Gulf front grilling area, shuffleboard, and on-site management office.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2015 | Listed by Keller Williams Realty Destin | $322,800 | |
| Listed by Keller Williams Realty Destin | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2021
|
1 Bed
|
2 Bath
|
820 ft²
|
$545,000
1 Bed
2 Bath
820 ft²
|
-
-
|
Dale S Witter
Re/Max By The Sea
| |
|
09/05/2018
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
|
02/27/2015
|
1 Bed
|
1 Bath
|
820 ft²
|
$322,800
1 Bed
1 Bath
820 ft²
|
$322,800
02/27/2015
|
At The Beach Team
Keller Williams Realty Destin
| |
|
12/30/2014
|
1 Bed
|
1 Bath
|
820 ft²
|
$320,000
1 Bed
1 Bath
820 ft²
|
$320,000
01/30/2015
|
At The Beach Team
Keller Williams Realty Destin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017