704 Harbor Lane
About This Property
Welcome to 704 Harbor Lane, a spacious 4-bedroom, 3-bathroom home offering over 3,159 square feet of living space. This home features an updated kitchen, a large Florida room for relaxing or entertaining, a fully fenced backyard with a detached workshop, and an extended garage that provides plenty of room for storage or parking.
Conveniently located near Destin's beaches, dining, shopping, and boat launches, this property offers a fantastic opportunity to embrace the coastal lifestyle.
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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 11, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Price Decreased |
$749,900
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Apr 2, 2025 | Price Decreased |
$774,900
↓ $24K
(3%) | |
| Price Decreased | |||
| Feb 27, 2025 | Price Decreased |
$799,000
↓ $11K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017