4108 Drifting Sand Trail
About This Property
The Master Suite greats you with trayed ceilings, sliding doors to walk out to the pool or step into your large master suite bathroom where a walk-in closet awaits you and large separate tub to relax from your har Day of work. On the opposite side of the home your main Family room awaits you with built in book shelves and fireplace for the rare cool nights of Destin Living. The home offers an additional 2 bedrooms and full bathroom that also can walk through to your screened pool and entertaining area. The upgrades to this home are many, from Wooden Shutters, wood flooring, Columns, Gas Fireplace and so much more. This home awaits you to make Destin Living a Reality,
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017