401 Linkside Lane
About This Property
Painting exterior will start in Aug. and has already paid Golf for four on one of our three championship courses, a pass for four to Sandestin's exclusive Beach Club, and an introductory membership to the Burnt Pine Golf Club.
Sandestin Golf and Beach Resort is a major destination for all seasons and all ages, and has been named the #1 resort on Florida's Emerald Coast. This magical 2,400 acre resort, comprised of over 70 unique neighborhoods of condominiums, villas, town homes, and estates. The resort features more than seven miles of beaches and pristine bay front, four championship golf courses, a world-class tennis center with 15 courts, 19 swimming pools, a 113-slip marina, a fully equipped and professionally staffed fitness center and spa, meeting spaces and The Village of Baytowne Wharf, a charming pedestrian village with events, shopping, dining, family entertainment and nightlife. For true golf cart community living, Grand Boulevard is just outside the resort gates and provides access to additional shopping, dining and entertainment, all without traveling on Hwy. 98. Come to Play, Stay for Life!
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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 |
|---|---|---|---|
| Aug 14, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Sandestin Real Estate | $345,900 | |
| Listed by Sandestin Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017