312 23Rd Street
About This Property
The spacious primary suite that easily accommodates a king-size bed. Ensuite bathroom with a custom dual vanity, barn door, large walk-in shower, and a freestanding soaking tub on a one-of-a-kind custom milled cradle. A generous walk-in closet completes the suite.
Down the hall, you'll find a beautifully renovated guest bath and three additional bedrooms with BRAND NEW CARPET!
Privacy fenced backyard, perfect for relaxing and entertaining. 1-car detached garage/workshop.
Located in the heart of Niceville, this home offers convenient access to shopping, dining, top-rated Niceville schools, and is just a short drive from the stunning white sand beaches of Destin!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017