Lot 4 W Kathy Lane
About This Property
And don't forget the location! You can't get much closer to the mid bay bridge and Destin. You can head east to Highway 331 means popular local destinations like Seaside, Alys Beach, and Grayton Beach are only a quick drive away.
In summary, this magnificent lakefront lot is perfect for designing your ultimate coastal getaway. Drive by to lot today to start turning your home ownership dreams into reality! Owner has the home of your dreams already designed. You are all set you just need a builder.
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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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Dec 31, 2023 | Listed by Uber Realty Llc | $147,000 | |
| Listed by Uber Realty Llc | |||
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 939101
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Address: 335 Madison Avenue, New York, NY 10017