$340,000
●
House -
Off Market
3585 Waverly Circle
Destin, FL 32541
2 Beds
2 Baths
1,025 Ft²
$817,847
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model
About This Property
Priced to sell ASAP, Lowest priced Home in Destin Pointe
!!....Great Rental History without outrageous HOA fees!!! Let your
investment pay for itself... This home is ''Shore To Please'' at
Destin Pointe...An Amazing Florida Cottage with a Private Heated
Pool in the Back Yard !!! Destin Pointe is A Island Community at
The intersection of the East Pass and the Gulf of Mexico. 39 Acres
of beachfront living, A 24 hour gated community with 3000FT of
beach, 2 pools (1 heated year round), 2 lakes, Lighted Tennis
Courts, Seasonal Community Tram, Shuffle Board courts,
Basketball,on site Rental Management, Housekeeping and Maintenance.
This cottage features views of the East Pass and The Gulf of
Mexico, Travertine and Wood flooring, Travertine Countertops in the
Kitchen and Baths, 10' ceilings, Upgraded Stainless Steel
Appliances and comes fully furnished with beautiful designer
furnishings. Come See Shore To Please, Where Happiness Starts HERE
!!!!!
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$371
Property Type
House
Property Taxes
-
HOA Dues
$891
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (ECAR MLS #555209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2020 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | Listed | $499,400 | |
| Listed | |||
| | |||
|
ACT NOW. ONLY VACATION RENTAL HOME W/PRIVATE POOL ON MARKET FOR LESS THAN $500,000! Located in Destin Pointe, a beautiful, gated community just steps to the Gulf, earn an estimated $44-$67,000 NET income or 9-13% ROI. With excellent location & floor plan, and 90-98,000 annual projected income, start letting your CASH work for you. The creative floor plan w/ main living area, kitchen, 2 BRs each w/own bath & large balcony on 2nd level and 596 SF renovated 1st level designed to reflect Destin's original fishing village--rustic--but practical w/2 add'l beds, bath w/shower & kitchenette, provides multiple rental possibilities. Fenced backyard w/private pool & deck allows you to enjoy the Fl. lifestyle & single car garage provides storage or room to expand rental space. Other features include The manager has listed the unit size as 1621 square feet.
| |||
| Dec 12, 2012 | Sold | ||
| Sold | |||
| Apr 2, 2011 | Listed by Century 21 AllPoints Realty | $379,900 | |
| Listed by Century 21 AllPoints Realty | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Destin Pointe
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Listed by: Jerry P Sullivan, Century 21 AllPoints Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 555209
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 555209
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