62 Dune Comet Lane Drive #UNITB
About This Property
The kitchen is a chef's dream with custom cabinetry, granite counter tops, stainless-steel appliances, gas cooktop, and a large island great for entertainment. The large attached two-car garage is perfect for storage or extra parking. The vast homesite boasts 2,000 sqft of entertainment which includes indoor and outdoor living space. HOA: $300 per month includes exterior insurance, landscaping, beach shuttle, security, resort style pool, and gym. Unwind your day by relaxing on your private porch or walk over to the "HUB" to enjoy a night of entertainment.
The Town of Prominence is located on HWY 30A between Seagrove Beach and Alys Beach, next to WaterSound Beach. Residents will enjoy easy access to a beautiful Town Center (The Hub), Resort style pools, Fitness Center and Private Shuttle Service to the beach access. ''The Hub'' includes restaurants, shops, and an amphitheater with covered event pavilion, a cinema screen for movies, as well as a stage for concerts and events.
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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 |
|---|---|---|---|
| Jul 17, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | Listed by Berkshire Hathaway HomeServices | $595,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2020
|
3 Bed
|
3 Bath
|
1679 ft²
|
$595,000
3 Bed
3 Bath
1679 ft²
|
$601,000
+1.01%
07/17/2020
|
Justin Wilkerson
Real Broker LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017