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Map
533 Avalon Boulevard
About This Property
This must see home is located in the much desired neighborhood of Avalon Beach Estates in Miramar Beach. This home has many upgrades. The gas water heater was moved from being located in the attic to now being an electric water heater located in the garage. The home has fresh paint in all rooms. The master bedroom and bathroom have new floors. Laundry room, pantry and half the master bath have been rebuilt. The home is being sold unfurnished. Also, owner will be offering a $7000 paint credit to have the home painted on the interior.
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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 1, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Beachside Luxury Realty | $879,000 | |
| Listed by Beachside Luxury Realty | |||
| Apr 5, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by Beachside Luxury Realty | $895,000 | |
| Listed by Beachside Luxury Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017