91 Milestone Drive #UNITB
About This Property
Prominence is a community that blends coastal resort living with modern conveniences making it an essential community along South Walton's Scenic Highway 30A. Prominence offers low HOA fees and is centrally located along 30A next to Watersound Beach, between Seaside and Alys Beach. Residents and guests will enjoy access to two resort style pools (with one heated seasonally), The Big Chill, start park trails, bike paths, as well as premium shopping and dining.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Listed by Real Broker LLC | $825,000 | |
| Listed by Real Broker LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2022
|
2 Bed
|
2 Bath
|
1182 ft²
|
$995,000
2 Bed
2 Bath
1182 ft²
|
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-
|
Christina M Schlink
RE/MAX By the Sea
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017