325 Echo Circle
About This Property
Step inside to find rich wood-look flooring, elegant crown molding, and a classic brick exterior. The warm kitchen boasts dark custom cabinetry, granite countertops, a double oven, stainless steel appliances, and matching crown molding details. An updated secondary bathroom features rich travertine tile, a step-in shower with dark hardware accents, and a stylish granite top vanity.
The backyard is an absolute tropical sanctuary built for entertaining. Relax by the in-ground pool surrounded by an expansive cool-deck patio and lush palm landscaping. Enjoy outdoor entertaining under your private tiki-style bar or step out into your private garden retreat. Adding incredible value to this property is a detached exterior building with AC, making it an ideal home office, workshop, artist's studio, or potential guest suite!
Centrally located, you are tucked away on a quiet street while staying just minutes from military bases, local shopping, dining, and the sugar-white sand beaches of the Emerald Coast. Just 10.8 miles to Destin-Fort Walton Beach International Airport, 8 miles from Eglin AFB, and 5.5 miles from Hurlbert Field. This home truly delivers a unique mix of updates, lifestyle amenities, and prime location!
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