3768 Misty Way Way
About This Property
Welcome to Harbor Breeze in the heart of Destin! This 3-bedroom, 2-bath home features an open floor plan with vaulted ceilings, a spacious Florida Room, and a flex room that includes a window but no closet-perfect for an office, playroom, or guest space. The primary suite offers double doors, dual vanities, and a tiled shower. Enjoy a private backyard with an in-ground pool. Centrally located near beaches, shopping, and dining. With a little TLC, this home has amazing potential to shine!
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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 14, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Relisted | $349,000 | |
| Relisted | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Sep 21, 2025 | Price Decreased |
$349,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017