62 Brilliance Boulevard
About This Property
Featuring 3 bedrooms, 2 bathrooms, and 2,041 square feet, this home boasts one of the largest living room layouts offered in the community. The current owners have invested nearly $18,000 in documented upgrades, making this home truly turnkey. Inside, you'll find ceramic wood-look tile flooring throughout--no carpet, elegant quartz countertops, stainless steel appliances, upgraded lighting, and additional electrical enhancements for added convenience and functionality. The spacious primary living areas are ideal for both everyday living and entertaining.
The exterior is equally impressive with gutters, enhanced outdoor lighting, additional exterior outlets, a side-entry garage, and pull-down attic access for extra storage. The generous backyard provides plenty of room to add a swimming pool or create the outdoor living space of your dreams.
As a resident of Hammock Bay, you'll enjoy access to outstanding community amenities, including walking trails, parks, green spaces, recreational facilities, and community gathering areas. Conveniently located near shopping, dining, outdoor recreation, Choctawhatchee Bay, and the sugar-white beaches of South Walton, this home offers the perfect combination of comfort, convenience, and coastal living.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Price Decreased |
$472,500
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Hammock Bay | $475,000 | |
| Listed by Hammock Bay | |||
| Jun 5, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$499,999
↓ $1
(0%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$500,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017