337 Bridge Lane #B105
About This Property
Watersound Beach resides on 1,400 acres and over a mile of private white sugar sand beaches. The culmination of amenities and exclusiveness affords residents with the epitome of private coastal living while remaining geographically poised minutes from the world-class dining and entertainment venues 30A has to offer. Amenities include a heated swimming pool, fitness center, and multiple community parks.
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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 |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by Corcoran Reverie SRB | $3,195,000 | |
| Listed by Corcoran Reverie SRB | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
3 Bed
|
3 Bath
|
2044 ft²
|
$3,300,000
3 Bed
3 Bath
2044 ft²
|
$3,150,000
-4.55%
07/10/2026
|
The Hughes Group
Counts Real Estate Group
| |
|
03/09/2026
|
3 Bed
|
3 Bath
|
1980 ft²
|
$3,245,000
3 Bed
3 Bath
1980 ft²
|
$2,975,000
-8.32%
07/27/2026
|
Tommy Lauderdale
Berkshire Hathaway HomeServices
| |
|
01/21/2025
|
3 Bed
|
4 Bath
|
2126 ft²
|
$2,700,000
3 Bed
4 Bath
2126 ft²
|
$2,450,000
-9.26%
03/21/2025
|
The Geppert Beeker Group
Scenic Sotheby's International Realty
| |
|
09/16/2023
|
3 Bed
|
3.5 Bath
|
2044 ft²
|
$3,325,000
3 Bed
3.5 Bath
2044 ft²
|
-
-
|
Ann B Mosely
Berkshire Hathaway HomeServices
| |
|
06/03/2023
|
4 Bed
|
4.5 Bath
|
2511 ft²
|
$3,999,000
4 Bed
4.5 Bath
2511 ft²
|
-
-
|
The Allen Adams Team
850 Properties - Santa Rosa Beach
| |
|
03/15/2023
|
3 Bed
|
3.5 Bath
|
2126 ft²
|
$3,345,000
3 Bed
3.5 Bath
2126 ft²
|
-
-
|
Ann B Mosely
Berkshire Hathaway HomeServices
| |
|
07/09/2022
|
3 Bed
|
3.5 Bath
|
2126 ft²
|
$3,495,000
3 Bed
3.5 Bath
2126 ft²
|
-
-
|
Ann B Mosely
Berkshire Hathaway HomeServices
| |
|
08/24/2021
|
4 Bed
|
4 Bath
|
-
|
$3,195,000
4 Bed
4 Bath
|
$3,000,000
-6.10%
11/15/2021
|
Hilary & Jacob
Corcoran Reverie SRB
| |
|
03/27/2021
|
4 Bed
|
5 Bath
|
2812 ft²
|
$2,995,000
4 Bed
5 Bath
2812 ft²
|
-
-
|
-
| |
|
02/24/2021
|
3 Bed
|
4 Bath
|
2411 ft²
|
$2,187,500
3 Bed
4 Bath
2411 ft²
|
-
-
|
-
| |
|
07/03/2020
|
3 Bed
|
3 Bath
|
-
|
$1,975,000
3 Bed
3 Bath
|
$1,950,000
-1.27%
03/05/2021
|
The Hughes Group
Counts Real Estate Group
| |
|
05/22/2020
|
3 Bed
|
3 Bath
|
1980 ft²
|
$1,650,000
3 Bed
3 Bath
1980 ft²
|
$1,575,000
-4.55%
09/21/2020
|
Hilary & Jacob
| |
|
05/18/2020
|
4 Bed
|
5 Bath
|
2631 ft²
|
$2,190,000
4 Bed
5 Bath
2631 ft²
|
-
-
|
-
| |
|
12/22/2019
|
3 Bed
|
3 Bath
|
1980 ft²
|
$1,579,000
3 Bed
3 Bath
1980 ft²
|
-
-
|
-
| |
|
06/22/2019
|
3 Bed
|
3 Bath
|
1980 ft²
|
$1,670,000
3 Bed
3 Bath
1980 ft²
|
-
-
|
-
| |
|
05/29/2019
|
3 Bed
|
4 Bath
|
2411 ft²
|
$1,475,000
3 Bed
4 Bath
2411 ft²
|
-
-
|
-
| |
|
10/04/2018
|
3 Bed
|
4 Bath
|
2286 ft²
|
$1,895,000
3 Bed
4 Bath
2286 ft²
|
-
-
|
-
| |
|
07/31/2017
| |
3 Bed
|
3.5 Bath
|
2411 ft²
|
-
3 Bed
3.5 Bath
2411 ft²
|
-
-
|
-
|
|
07/30/2017
|
3 Bed
|
4 Bath
|
2286 ft²
|
-
3 Bed
4 Bath
2286 ft²
|
-
-
|
-
| |
|
02/27/2016
|
4 Bed
|
5 Bath
|
2525 ft²
|
$1,685,000
4 Bed
5 Bath
2525 ft²
|
$1,615,000
-4.15%
07/07/2016
|
Nathan Lambert
Lambert Realty and Development
| |
|
04/12/2015
|
3 Bed
|
4 Bath
|
2126 ft²
|
$1,150,000
3 Bed
4 Bath
2126 ft²
|
$1,100,000
-4.35%
06/29/2015
|
The Geppert Beeker Group
Scenic Sotheby's International Realty
| |
|
05/04/2015
|
3 Bed
|
4 Bath
|
2044 ft²
|
$1,695,000
3 Bed
4 Bath
2044 ft²
|
$1,575,000
-7.08%
10/15/2015
|
Sterling Rainer
Berkshire Hathaway HomeServices
| |
|
01/19/2015
|
3 Bed
|
4 Bath
|
2411 ft²
|
$970,000
3 Bed
4 Bath
2411 ft²
|
$950,000
-2.06%
12/18/2015
|
Anne Winicki
Scenic Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017