50 Windy Way
About This Property
Vacant lots of this size, quality, and location are a finite commodity in Santa Rosa Beach and the broader South Walton real estate market. With continued demand for custom home sites along the 30A corridor, proximity to the bay, top-tier healthcare, and the unmatched retail and dining of Grand Boulevard, 50 Windy Way offers a rare convergence of lifestyle, convenience, and value.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017