8924 Quail Roost Drive
About This Property
The split-bedroom floor plan provides privacy, with the spacious primary suite tucked away from the secondary bedrooms. The primary bath offers a double vanity, tub/shower combination, and an oversized walk-in closet. Two additional bedrooms and a full guest bath are conveniently located on the opposite side of the home.
Step outside and enjoy the large fenced backyard complete with an entertainment deck, creating the perfect setting for cookouts, gatherings, or relaxing evenings outdoors.
Major updates include a new roof (2026) and HVAC system (2024), providing peace of mind for years to come. Whether you're searching for a primary residence or an investment opportunity, this property checks all the boxes. Conveniently located near Hurlburt Field, schools, shopping, dining, and everyday conveniences, you'll also be just minutes from the Navarre Bridge and the sugar-white sands and emerald-green waters that make the Emerald Coast famous.
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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