4613 Paradise Isle
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | No longer available | - | |
| No longer available | |||
| Mar 15, 2024 | Price Decreased |
$1,895,000
↓ $105K
(5.3%) | |
| Price Decreased | |||
| Feb 3, 2024 | Listed by Keller Williams Realty- Emerald Coast | $2,000,000 | |
| Listed by Keller Williams Realty- Emerald Coast | |||
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'Sea Pearl' defines luxury in the vacation rental market and is an investor's dream with 7 bedrooms, 5.5 baths, and capable of sleeping 17 guests. Built in just 2017, this premier property features luxury landscaping, a private salt-water pool, and an outdoor shower. Complete with two kitchens each with granite countertops, stainless-steel appliances, two living areas, hardwood floors throughout, a space for entertaining which accommodates ping pong and foosball tables. A rare find at the beach is a three car garage and plenty of driveway space for parking, all within 500 yards to the beautiful Emerald waters. This home is ideally located in one of the most sought-after exclusive neighborhoods on the Emerald Coast - gated Destiny West. The community includes a pool and hot tub, exercise The manager has listed the unit size as 3830 square feet.
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| Jan 18, 2024 | Listed by Keller Williams Realty Destin | $1,895,000 | |
| Listed by Keller Williams Realty Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017