4324 Carriage Lane
About This Property
The Kelly Plantation golf course is consistently rated as one of the best in Destin. Designed around miles of waterfront, bayous and the trees of the former turpentine plantation, the course is beautifully manicured with panoramic views of the Choctawhatchee Bay. Strategically nestled away from crowds, this neighborhood delivers quick and stress-free access to all shopping without having to get on Highway 98. Making this home a dream for those seeking an oasis that boasts convenient living right in stunning Destin.
Make your dream home a reality! Schedule a showing today! ***Room measurements and more pics to come***
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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