$1,037,500
●
House -
Off Market
43 Hamilton Lane
Rosemary Beach, FL 32461
2 Beds
2 Baths
1,672 Ft²
$1,770,632
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
43 Hamilton Lane is the quintessential Florida cottage perfectly
located in quiet Rosemary Beach, steps away from the sugar white
sands and emerald green waters. Just north of 30A on West Kingston
Park this beautifully appointed home boasts two bedrooms with en
suite baths and a lovely, coastal living room which opens onto a
true chefs kitchen. After a day at the beach or a ride down 30A on
bikes, there is a perfectly situated outdoor shower leading into a
downstairs half bathroom. Outside living is perfectly accomplished
with three porches, one located directly off the master bedroom on
the second level and two downstairs on the main, one off the living
room and the other off the kitchen. There is a separate storage
building with room for bikes, boards and beach gear.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$628
Property Type
House
Property Taxes
$657
HOA Dues
$950
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (ECAR MLS #762220)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2020 | No longer available | - | |
| No longer available | |||
| Jan 7, 2020 | Listed | $1,399,000 | |
| Listed | |||
| | |||
|
43 Hamilton Lane is one of the most charming cottages perfectly located on a boardwalk and overlooking a serene pocket park, Kingston Park. ''Tucked Away'' is rare two bedroom cottage offering en-suite baths for the master and junior suites on the second level and a secret kids nook on the first floor. The first floor offers an open concept living space in addition to three porches bringing the indoor living space out with plenty of lounge areas, privacy and shade. In the fall, enjoy the fireplace and then take a stroll for early sunsets on the beach. There are plenty of owner's closets as well as an exterior storage room. A Carriage House residence with a single car garage may be added to the property. This home is offered fully furnished and rental ready. The manager has listed the unit size as 1672 square feet.
| |||
| Dec 4, 2018 | No longer available | - | |
| No longer available | |||
| Oct 10, 2018 | Listed | $1,297,000 | |
| Listed | |||
| | |||
|
43 Hamilton Lane is one of the most charming cottages perfectly located on a boardwalk and overlooking a serene pocket park, Kingston Park. ''Tucked Away'' is rare two bedroom cottage offering en-suite baths for the master and junior suites on the second level and a secret kids nook on the first floor. The first floor offers an open concept living space in addition to three porches bringing the indoor living space out with plenty of lounge areas, privacy and shade. In the fall, enjoy the fireplace and then take a stroll for early sunsets on the beach. There is plenty of air conditioned owner's storage closets as well as exterior storage. This home is offered fully furnished and rental ready. The manager has listed the unit size as 1692 square feet.
| |||
| Oct 24, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Matt Provow, LAH Real Estate at the Beach
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 762220
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 762220
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