31 Riverwalk Circle
About This Property
The primary bedroom is tucked away at the rear for privacy and feels like a true retreat. It features a spacious bedroom, a walk-in closet, and a luxurious ensuite bath with a dual-sink vanity, shower, full size soaking tub and separate water closet. There are three additional bedrooms with one that could serve as a home office or study.
Step outside to the covered patio which invites you to relax and enjoy the scenic surroundings. The Cali floorplan delivers comfort and style for modern living. Riverwalk is the perfect place to call home with its onsite amenities featuring a pool and clubhouse and a boardwalk that leads to Lafayette Creek and LaGrange Bayou.
This home was the model home. Any furniture or draperies in the home do not convey. This home is sold AS/IS and the warranties on appliances will be for the time remaining of the item. There is a one year builder warranty that will start from the date of closing. Any window treatment hardware shall remain. All sales center areas will be converted back to the space as shown on the floor plan.
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Price Decreased |
$358,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| May 5, 2025 | Listed by DR Horton Realty of Emerald Coast LLC | $378,000 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017