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4051 Drifting Sand Trail
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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by Coldwell Banker Realty | $809,000 | |
| Listed by Coldwell Banker Realty | |||
| May 9, 2024 | No longer available | - | |
| No longer available | |||
| Apr 18, 2024 | Listed by RE/MAX Coastal Properties | $625,000 | |
| Listed by RE/MAX Coastal Properties | |||
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Dream home with pool and low HOA fees. Manicured neighborhood. Recently updated and move-in ready. This gem is a MUST SEE! New roof installed in 2024, freshly painted elastomeric exterior. Nestled in the heart of Destin, this home boasts proximity to all amenities. Indian Lake provides a serene backdrop, with added privacy from a natural buffer zone in the backyard. Step inside to an inviting atmosphere of openness, accentuated by high ceilings and an open floor plan. Cozy up by the gas fireplace in the living area, while tray ceilings adorned with crown molding add elegance to the dining room and master bedroom. Retreat to the spacious master suite, complete with a dual vanity, garden tub, separate shower, and a generously sized walk-in closet. The manager has listed the unit size as 1968 square feet.
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| Jul 21, 2014 | Sold | ||
| Sold | |||
| Feb 5, 2014 | Listed by Coldwell Banker Realty | $328,334 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017