446 W Lafayette Road
About This Property
NatureWalk at Watersound Origins offers a gated lifestyle with access to exceptional resort-style amenities, including community pools, fitness centers, tennis and pickleball courts, walking and biking trails, golf, and access to Lake Powell for paddleboarding and kayaking. Ideally located near Watersound Town Center, Publix, dining, shopping, and the renowned beaches of 30A, this home offers convenient access to the best of the Emerald Coast while providing the privacy, tranquility, and upscale living that define this highly desirable community.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$1,725,000
↓ $25K
(1.4%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$1,750,000
↓ $45K
(2.5%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Real Broker LLC | $1,795,000 | |
| Listed by Real Broker LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017