75 Gustaf Drive
About This Property
Technology is seamlessly integrated throughout the home, with built-in smart-home features providing centralized control of the thermostat, lighting, surround sound, security system, and door locks. Baldwin door locks at the front and garage entrances add another layer of convenience and security, with everyday functions easily managed from one place.
Outdoors, a generous back patio extends the living space beyond the interiors, now enhanced by new patio pavers and a newly constructed privacy fence that creates a more secluded setting for entertaining, dining outside, or settling in after a day on the water.
The location is where 75 Gustaf Drive truly distinguishes itself. Just minutes away, Cessna Landing provides direct access to Hogtown Bayou and the Choctawhatchee Bay, making boating, paddleboarding, kayaking, and fishing an easy part of everyday life. The waterfront park also offers fishing docks, a playground, sports courts, picnic areas, and gathering spaces, creating an exceptional recreational amenity practically in the neighborhood.
In the other direction, Scenic Highway 30A and the Gulf of Mexico are within easy reach, connecting the home to miles of white-sand beaches and the restaurants, shops, and coastal communities that have made South Walton one of Northwest Florida's most desirable destinations. Grand Boulevard's shopping, dining, and entertainment are also nearby, while Eden Gardens State Park offers another beautiful connection to the area's natural surroundings.
Equally suited for a morning spent on the Bay, an afternoon at the beach, or an evening entertaining at home, 75 Gustaf Drive captures a side of Santa Rosa Beach where coastal recreation and everyday livability come together effortlessly.
Technology is seamlessly integrated throughout the home, with built-in smart-home features providing centralized control of the thermostat, lighting, surround sound, security system, and door locks. The result is a home that feels intuitive and connected, with everyday functions easily managed from one place.
Outdoors, a generous back patio extends the living space beyond the interiors, while a newly constructed privacy fence creates a more secluded setting for entertaining, dining outside, or settling in after a day on the water.
The location is where 75 Gustaf Drive truly distinguishes itself. Just minutes away, Cessna Landing provides direct access to Hogtown Bayou and the Choctawhatchee Bay, making boating, paddleboarding, kayaking, and fishing an easy part of everyday life. The waterfront park also offers fishing docks, a playground, sports courts, picnic areas, and gathering spaces, creating an exceptional recreational amenity practically in the neighborhood.
In the other direction, Scenic Highway 30A and the Gulf of Mexico are within easy reach, connecting the home to miles of white-sand beaches and the restaurants, shops, and coastal communities that have made South Walton one of Northwest Florida's most desirable destinations. Grand Boulevard's shopping, dining, and entertainment are also nearby, while Eden Gardens State Park offers another beautiful connection to the area's natural surroundings.
Equally suited for a morning spent on the Bay, an afternoon at the beach, or an evening entertaining at home, 75 Gustaf Drive captures a side of Santa Rosa Beach where coastal recreation and everyday livability come together effortlessly.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017