4654 Destiny Way
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 |
|---|---|---|---|
| Apr 3, 2021 | No longer available | - | |
| No longer available | |||
| Mar 4, 2021 | Listed | $3,299,000 | |
| Listed | |||
| | |||
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This is your opportunity to purchase an existing turn-key, cash-cow, with established, repeat clientele' that continues to grow year-after-year! Speaking of continuity, that beautiful Sunset view shall be permanently unobstructed, as nothing can be built in front of this home....ever. This is the only home in the area with that beautiful, glazed, Italian-inspired Ludowici tile....which just happens to have a 75 year warranty! It will be tough for your guests to decide if they wish to walk a few steps to the sand, or enjoy a massive amount of outdoor living space at home. With 5 king bedrooms, numerous bunks, ELEVATOR, game room and unique decorative conversation pieces than you've ever seen in a rental home, you'll have to focus upon enjoying...and not sending pics to peeps back home! The manager has listed the unit size as 3796 square feet.
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| Mar 30, 2017 | Sold | ||
| Sold | |||
| Nov 10, 2016 | Listed by Keller Williams Realty Destin | $2,395,000 | |
| Listed by Keller Williams Realty Destin | |||
| Apr 18, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017