9461 Bone Bluff Drive
About This Property
The following is a list of most upgrades and renovations done by the homeowners:
*installed salt system pool & enclosure (rescreened enclosure 2019, new liner 2012, new pump 2021)
*master bathroom remodel 2019
*kitchen remodel (floors, appliances, counters, backsplash etc)
*new lighting throughout
*AC main house 2021 Bosch
*AC multipurpose bldg 2013 (replaced ducts 2017)
*lawn pump 2019
*lots of trees removed/lot cleared
*sod installation, new timer and 9 zones
*tankless hot water heater 2018
*hurricane impact windows, French door, bedroom door
*water filtration system
*Generac gas generator
*Fence/gates replaced 2019
*carport/trailer cover installed
*shed/storage bldg added
*septic lines redone 2007 (to accomodate pool)
*brick pillars 2015
*2 car garage floor resurfaced 2017 (15 yr warranty)
*race deck flooring multipurpose bldg/rec room
*multipurpose bldg floor resurfaced 2018 (15 yr warranty)
*LED lighting 2017 rec room/multipurpose bldg
*replaced 3 metal entry doors 2017
*carpet removed
*newer tile floors in all wet areas
*new roofs, gutters & fascia on all 3 buildings 2021
THIS IS A MUST SEE PROPERTY!!! Only 4 miles to Navarre Beach, 13 miles to Hurlburt Field and 20 miles to Gulf Islands National Seashore, Gulf Breeze. Don't wait to make your appointment - homes like this don't come along too often.
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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