4456 Luke Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Keller Williams Realty Destin | $1,650,000 | |
| Listed by Keller Williams Realty Destin | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jun 9, 2019 | Price Decreased |
$829,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Apr 18, 2019 | Listed | $849,000 | |
| Listed | |||
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Near the beach! Great rental/investment property, Recently updated. Pool was installed to help maximize rental income. New Orleans inspired home is in the heart of Crystal Beach in Destin. A Four Bedroom Three Bath home with an open floor plan, light and bright. Spacious great room, dining room and kitchen. French doors lead out to the private pool. Rear upstairs balcony adds a special touch to the Master Suite. Again, VERY close to the beach so well-suited as vacation rental, second home or primary residence.Rental projection of $89,641 in documents. The manager has listed the unit size as 2430 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017