3574 Waverly Circle
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Listed | $2,300,000 | |
| Listed | |||
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This beautiful lake front home, located in Destin's premier neighborhood of Destin Pointe, offers views of Lake Caroline and glimpses of the Gulf and Destin's East Pass. Blending beautiful coastal style with timeless architectural the home also features dovetail rafters, vaulted wood ceilings, Hardie board siding, reclaimed architectural beams and hard wood floors. This incredible home continues to impress with a beautiful open kitchen with custom wood cabinets, granite and marble counters, and stainless steel appliances ... a perfect set-up for entertaining! While accommodating large families and groups, the home offers relaxing, yet luxurious beach living at its finest. The manager has listed the unit size as 4354 square feet.
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| Jul 30, 2017 | Listed | $1,495,000 | |
| Listed | |||
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This stunning brand new coastal lake front home offers views of Lake Caroline and glimpses of the Gulf & Destin's East Pass. This magnificent home features dovetail rafters, Hardiboard siding, covered porches and blends seamlessly, timeless coastal architectural details with today's rigorous construction standards. This home is a Fortified Gold Construction Inspection Designated Home, which means a minimum of 20% savings on homeowner's insurance annually. This Builder is known for using the highest construction standards; including the use of impact resistant windows and doors that are designed to withstand 150mph wind loads. Additionally, the builder uses all stainless steel screws, nails, flashing & straps to withstand the harshest environmental conditions.The manager has listed the unit size as 4354 square feet.
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| Jul 28, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by ResortQuest Real Estate Destin | $1,395,000 | |
| Listed by ResortQuest Real Estate Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017