87
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4551 W Grand Key Loop
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 |
|---|---|---|---|
| Jun 30, 2026 | Price Decreased |
$999,900
↓ $49K
(4.7%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Coldwell Banker Realty | $1,049,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 27, 2012 | Sold | ||
| Sold | |||
| Aug 15, 2011 | Listed by Coldwell Banker Realty | $489,000 | |
| Listed by Coldwell Banker Realty | |||
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Brand new construction in the heart of Destin in Crystal Beach! Insurance will be reasonable because this subdivision is located in an ''X'' flood zone and NOT in the COBRA ZONE!! The Villages of Crystal Beach is gated, has public beach access within two blocks (with complementary shuttle during peak season) and has a huge 35,000 square foot zero entry community pool with waterfalls, tiki bar with outdoor grill for entertaining, and palm trees galore! This home has never been lived in or rented and is in pristine condition! You won't believe the details of this construction.....starting with the outside.......Impact resistant windows and doors, slip resistant porcelain tiled covered porches, pavered driveway, no-rot (no exposed wood) exterior with high denisty PVC exterior components, 14 seer heat pump, Borate termite treatment with 1 million dollar repair/replacement bond, and Teaxx In-wall pest control system! Now for the inside..... Once you walk into the large open floor plan you will notice the 9 foot ceilings with 8 foot doors, 8 inch baseboards, two wet bars (one in the master bedroom and one upstairs on the 3rd level), large bedrooms, 12 x 12 porcelain tile and hardwood flooring, IPod ready 3-room sound system, oil rubbed bronze faucets, lighting fixtures and door hardware, bathroom vanities are 34 1/2'' high, 42 inch raised panel, all wood, glazed cabinets in the kitchen, tile backsplash, stainless steel appliances, can lighting and real wood storage closets and walk in closets for sturdiness. This home would make a great rental or primary home. There is a second living area and private covered porch on the 3rd level for added privacy. Built with quality by Todd Stephens and comes with a builder warranty! Want a brand new 2 or 3 story home that you can pick your own colors? Call today! We have several other vacant lots to choose from!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017