821 Cross Street
About This Property
Inside, you'll find custom touches throughout that make this home anything but cookie-cutter. The spacious living room features soaring 19-foot ceilings and a stunning custom wood feature wall that immediately becomes the focal point of the home. Granite countertops, a custom wood wet bar, beautiful cypress shelving, and thoughtfully selected finishes create a warm, welcoming space that's equally suited for entertaining or everyday living. The spacious primary suite offers vaulted ceilings, a walk-in closet, and plenty of room to relax after a day on the water.
Step onto the screened porch and take in the peaceful bayou setting, coastal breezes, spectacular sunsets, and even Destin's fireworks displays from the comfort of home. The detached ADU includes a sleeping area, living space, and kitchen, making it ideal for guests, extended family, a home office, creative studio, or private retreat.
Waterfront homes on Marler Bayou rarely become available. Combining custom features, mature landscaping, a detached ADU, and one of Destin's most desirable waterfront settings, this is a unique opportunity to enjoy the very best of life on the Emerald Coast.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017