6461 Starfish Cove
About This Property
The spacious master suite offers a tranquil retreat with abundant sunlight, while the additional bedrooms are perfect for children, guests, or a cozy home office. Thoughtfully updated, this cottage is an ideal choice for first-time buyers, those seeking a vacation getaway, or anyone looking to secure a future retirement retreat in a vibrant community. Key Updates: New LVP flooring in living, dining, and foyer areas, with stylish tile in the front bath for a modern touch. Also, enjoy the perks of living in a waterfront community with direct sound access and a private dock, ideal for fishing and water activities. In addition, enjoy an evening walk along the sidewalks to one of the two playgrounds that this community offers. Only minutes to Navarre Beach where you can relax on the sugar white sandy beach and dip your toes into the emerald waters of the Gulf of Mexico. Approximately a 25 minute commute to Hurlburt Field. Whether you're just starting out or planning ahead, this home is an excellent investment in the Florida lifestyle! Seller will consider new roof with acceptable offer!
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Price Decreased |
$275,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Feb 21, 2025 | Relisted | $279,000 | |
| Relisted | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017