325 NE Smith Drive
About This Property
Welcome to this beautiful 4-bedroom, 3-bathroom home, built in 2020, located in a highly desirable neighborhood off Smith Drive. With 2,425 sq. ft. of living space, this home offers a spacious and modern layout perfect for families, entertainers, and anyone seeking comfort and convenience.
Situated on a large corner lot, this property is right next to Ferry Park, the biggest park in the neighborhood, offering easy access to walking trails, sports fields, and playgrounds. Inside, you'll find like-new finishes throughout, with an open-concept living area, a gourmet kitchen, and a luxurious primary suite. Just a short drive to both Eglin and Hurlburt.
Additional highlights include: Spacious bedrooms with ample closet space
Modern kitchen with stainless steel appliances and granite countertops.
Open living and dining areas with plenty of natural light.
Large backyard with potential for outdoor entertainment,
Prime location near schools, shopping, and dining
This move-in-ready home combines modern comfort with a fantastic location.
Don't miss your chance to own this beautiful property in Fort Walton Beach! Schedule a showing today.
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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