4601 Top Flight Drive
About This Property
Owner relocating due to PCS orders. Well-maintained 3 bed, 2 bath home in sought-after South Crestview. Large, flat lot with fenced backyard and no rear neighbors in a low-traffic community. Spacious living room with high ceilings and fireplace. Split floor plan with 2 bedrooms on one side and primary suite on the other. Kitchen with stainless steel appliances, pantry, island, breakfast nook, and formal dining. Primary suite features walk-in closet and updated bath with walk-in shower. Updates: flooring (2021 & 2024), new fridge & stove, wired security. Close to Eglin AFB, 7th Special Forces Group, and Duke Field.
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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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Price Decreased |
$279,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$289,000
↓ $11K
(3.7%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by Christies International Real Estate Emerald Coast | $300,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017