86 River Circle
About This Property
The gourmet kitchen is a chef's dream, equipped with stainless steel appliances, granite countertops and custom cabinetry, all flowing seamlessly into the formal dining room and casual breakfast area. Shiplap walls in the living room add character, while an electric fireplace enhances the cozy ambiance. The primary suite features a newly renovated spa-like bathroom and a custom-built walk-in closet with a center island, providing both luxury and practicality.
Outdoor living is just as impressive, with a 60-foot screened porch on the second level, a private pool and a hot tub, perfect for relaxation or entertaining. The home also boasts a three-car garage, two paver driveways and no HOA, offering both convenience and flexibility. Additional spaces, including a media room, bonus room and extra office space, allow for endless customization, whether as a game room, nursery or home gym.
With its spacious layout and high-end finishes, this home offers the perfect opportunity to create a personal sanctuary with room to grow. Its proximity to public boat launches on Choctawhatchee Bay ensures endless watersports adventures. Nearness to 30A's sparkling beaches and coveted amenities, ranging from shopping to dining, means there will always be something new to explore. Combined with an expansive lot providing ample space for future expansion, this property is an extraordinary place to call home.
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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 |
|---|---|---|---|
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | Relisted | $925,000 | |
| Relisted | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Relisted | $925,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017