8872 White Ibis Way
About This Property
Inside you'll love the granite countertops in the kitchen and baths, all appliances included, and tile & LVP flooring throughout the main level. The 2nd-floor laundry makes life easy, and the spacious primary suite boasts a private ensuite with dual sinks, walk-in shower, and walk-in closet. Step outside to your private patio with fenced-in yard-perfect for relaxing or letting pets play. Enjoy fantastic HOA amenities including a pool, playground, and miles of sidewalks and green space, ideal for evening strolls and dog walks. It also covers exterior and lawn maintenance, including the roof. Reserve Pointe community in the heart of Navarre, close to all the conveniences and only 2.5 miles to the sugar white sand of Navarre beach! Short term rentals of 30 days or more are allowed.
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by Keller Williams Realty Navarre | $290,000 | |
| Listed by Keller Williams Realty Navarre | |||
| Aug 4, 2025 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017