61 Batchelors Button Drive #3
About This Property
The manager has listed the unit size as 1558 square feet.
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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%.
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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 |
|---|---|---|---|
| Aug 17, 2023 | No longer available | - | |
| No longer available | |||
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | Listed | $725,000 | |
| Listed | |||
| | |||
|
Miramar Palms is located only a minute or two from the beach! Hardi-plank siding, metal roof, oversized double garage, covered front porch, open balcony, plus a back patio area with outdoor shower. Completely furnished & just one block to the beautiful Destin beaches, this would make an ideal primary, second home or vacation rental. The home features tiled floors in family room, kitchen & baths. Kitchen features stainless appliances, solid surface countertops, large pantry, powder room & access to the back yard patio area ... great for grilling. First floor master suite; spacious bath with double vanity, garden tub, separate shower & large walk-in closet. Upstairs there are 2 bedrooms, one with French doors to a large private balcony with ample room for table & chairs or lounge The manager has listed the unit size as 1558 square feet.
| |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/13/2023
|
3 Bed
|
2.5 Bath
|
1558 ft²
|
$725,000
3 Bed
2.5 Bath
1558 ft²
|
-
-
|
Abbott Martin Group
EXP Realty LLC
| |
|
01/23/2020
|
3 Bed
|
3 Bath
|
1558 ft²
|
$394,900
3 Bed
3 Bath
1558 ft²
|
$385,000
-2.51%
07/02/2020
|
Dean Ladick
| |
|
05/19/2019
|
3 Bed
|
3 Bath
|
1558 ft²
|
$409,900
3 Bed
3 Bath
1558 ft²
|
-
-
|
-
| |
|
10/15/2018
|
3 Bed
|
3 Bath
|
1558 ft²
|
$399,900
3 Bed
3 Bath
1558 ft²
|
-
-
|
-
| |
|
07/20/2015
|
3 Bed
|
3 Bath
|
1558 ft²
|
$289,000
3 Bed
3 Bath
1558 ft²
|
$289,000
09/29/2015
|
Michaela Warner
Keller Williams Realty Destin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017