4340 Sunset Beach Circle
About This Property
The beautifully updated kitchen offers white cabinetry, granite countertops, stainless steel appliances, and a center island for additional prep space. The spacious primary suite is a true retreat with a luxurious en-suite bath featuring a double vanity, soaking tub, and separate tiled shower. Step outside to the screened-in lanai and enjoy peaceful views of the 5th green and pond. Sunset Beach amenities include a clubhouse, pool, private beach, and dock. Bluewater Bay offers a convenient commute to the Mid-Bay Bridge to Destin, local military bases, shopping, dining, and A-rated schools.
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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