4229 BEACHSIDE TWO Drive #4229
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 27, 2020 | Sold | ||
| Sold | |||
| May 23, 2020 | Listed by Keller Williams Realty Destin | $725,000 | |
| Listed by Keller Williams Realty Destin | |||
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Move-in or rental-ready renovated beachfront condominium with on-trend coastal interiors, covered parking, and west-facing balcony in Sandestin Beach Resort's Beachside Towers II. Great rental potential. Sold fully and fabulously furnished. Totally remodeled in 2019, this third-floor unit uses crisp, clean white walls, natural light, jute textures, and neutral tones to highlight views of turquoise waters and evoke the airiness of the beach. The light and classic all-white kitchen is updated with new shaker cabinets, soft-close drawers, quartz countertops, farm sink, new appliances, and designer backsplash. Additional updates include: new lighting, custom draperies and blinds, new W/D, new baseboards, custom closets, flooring, porcelain tile, new Toto washlet in master and new TV's. A new HVAC UV lighting system enhances indoor air quality. Beachside Towers is a gated condominium community within the gated 2,400 acred Sandestin Beach Resort. Luxurious amenties include private beach access, covered parking, fitness facility, beachside community pool, hot tub, and tennis.
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| May 10, 2020 | No longer available | - | |
| No longer available | |||
| May 1, 2020 | Listed | $725,000 | |
| Listed | |||
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$100,000 Renovation to this 2 BR/2 Bath Gulf front condo at Beachside II at Sandestin Golf and Beach Resort. Elegance and sophistication with unobstructed gulf views from both the Living area and Master suite. New porcelain tile floors throughout, new kitchen is light and bright with white shaker cabinets, new white and gray quartz counter tops, new mosaic marble backsplash, new sink and new recessed lighting and new appliances including double oven. Both bathrooms are renovated with glass tile and frameless glass doors, new white cabinetry, new Brio faucets and new light fixtures. Plumbing and electrical have been upgraded and new sconces & recessed lights added. The furnishings are beautiful and functional with a sleeper sofa, 2 swivel chairs and a chair that swivels, rocks and reclines The manager has listed the unit size as 1259 square feet.
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| Aug 14, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2020
|
2 Bed
|
2 Bath
|
1259 ft²
|
$725,000
2 Bed
2 Bath
1259 ft²
|
-
-
|
-
| |
|
05/30/2014
|
2 Bed
|
2 Bath
|
1259 ft²
|
$517,000
2 Bed
2 Bath
1259 ft²
|
$510,500
-1.26%
08/14/2015
|
Bruce Fults
SRE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017