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907 Jason Drive
About This Property
Outside, the half-acre property is a gardener's dream, complete with mature landscaping, blooming plants, and a sprinkler system supplied by a well to keep the grounds thriving. The property also features a large two-car garage, offering incredible flexibility for hobbies, storage, or projects.
Recent improvements include a full interior repaint and a new garage door and opener in 2024, along with previous upgrades such as a renovated kitchen and bathrooms and a cozy gas fireplace.
Located in the private Le Chateau neighborhood with golf cart access to Rocky Bayou Country Club, this home is also just minutes from Eglin Air Force Base, Duke Field, the 7th Special Forces Group, and the EOD Naval School. Also conveniently located close to highly rated schools, shopping, and Destin beaches. Come see what makes this property so special.
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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