506 Third Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by Mainsail Realty Company | $309,000 | |
| Listed by Mainsail Realty Company | |||
| Mar 19, 2013 | Sold | ||
| Sold | |||
| Nov 14, 2012 | Listed by Keller Williams Realty Destin | $139,900 | |
| Listed by Keller Williams Realty Destin | |||
| | |||
|
This is a very cute 2 bedroom, 2 bath home located in the heart of Destin. There is a nice size backyard that will be great for entertaining family and friends. This location is close to Destin Elementary School, restaurants, shopping and The Harbor. Property being sold ''AS IS'' with right to inspect.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017