69 Lake Front Drive
About This Property
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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 |
|---|---|---|---|
| May 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 26, 2024 | Price Decreased |
$479,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 25, 2024 | Price Decreased |
$484,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed by Beach Properties of Florida | $489,000 | |
| Listed by Beach Properties of Florida | |||
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NEW hot water heater installed in 2024! Explore the allure of Miramar Beach living in this charming residence, where coastal elegance harmonizes with practicality. Positioned without the constraints of an HOA, this home offers modern amenities and is strategically situated outside flood zone concerns, ensuring peace of mind. Adorned with crown molding, the living room serves as the heart of the home, complemented by a wood-burning fireplace, ideal for intimate gatherings. Culinary enthusiasts will appreciate the chef's kitchen featuring ample storage and a convenient breakfast bar. With a well-designed layout including a secluded master suite and guest bedrooms, relaxation and privacy are prioritized. The manager has listed the unit size as 1628 square feet.
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| Mar 8, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017