4351 Beachside Two Drive #4351
About This Property
As an added bonus and to introduce the new owners to the Sandestin lifestyle, the listing brokerage and seller(s) are offering an incentive package to the buyer(s) of this property: Golf for four on one of our three championship courses, a pass for four to Sandestin's exclusive Beach Club, and an introductory membership to the Burnt Pine Golf Club.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2016 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by Sandestin Real Estate | $579,000 | |
| Listed by Sandestin Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$579,000
2 Bed
2 Bath
1100 ft²
|
$540,000
-6.74%
03/04/2016
|
Karen Hartley Fillingim
Scenic Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017