70 Salamander Circle
About This Property
The first level offers a butler's pantry pass through to a family dining room. The large kitchen and living area allows any family to gather together in the evenings for entertainment.
Having been among the most successful rental homes in Naturewalk, the large bedrooms, multiple living areas, relaxing second floor porches and sleeping for a large vacationing multi generational family, at $70,000 annual gross rent, this home can continue as a vacation rental or become among the finer Naturewalk residential homes.
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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 |
|---|---|---|---|
| Dec 7, 2023 | No longer available | - | |
| No longer available | |||
| Sep 3, 2023 | Listed by Compass Florida, LLC | $1,599,000 | |
| Listed by Compass Florida, LLC | |||
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Introducing 70 Salamander Circle: Naturewalk's Premier Rental Property just steps from community pool. Best priced Cottage Collection home & Rental Dynamo! Discover an exceptional investment opportunity in the heart of Florida's Gulf Coast at 70 Salamander Circle, nestled within the sought-after Naturewalk community. This property combines the allure of coastal living with a robust rental income track record, yielding up to $85,000 annually. This is one of the top producing rentals in the neighborhood. Its prime location offers the best of both worlds, providing a serene retreat just moments away from the pristine beaches of the Emerald Coast and the vibrant ambiance of Seaside and WaterColor. The manager has listed the unit size as 3039 square feet.
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| Sep 1, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Scenic Sotheby's International Realty | $855,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jun 9, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017