6003 Emmy Lynn Lane
About This Property
READY TO MOVE IN!!!! The location is actually great for skipping all the hustle of Crestview by learning the back country roads and just minutes to all the amenities of North Crestview while convenient to Eglin AFB and Niceville. Home offers open plan concept with granite kitchen counters, luxury vinyl flooring, split bedrooms, spacious additional bedrooms, plus a great master suite. Covered front porch welcomes you from a long day and also includes a back patio for afternoon relaxing. Home is energy efficient and located just outside city limits allowing for lower taxes. Call to see this one today! First released 3BR in this subdivision! Colors are of previous built home.
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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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | Listed by Merrifield & Pilcher Realty | $264,995 | |
| Listed by Merrifield & Pilcher Realty | |||
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 953856
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017