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Map
989 Forest Shore Drive
About This Property
The oversize enclosed back lanai offers a gas fireplace, cable hookups, and is plumbed for a full Summer kitchen with sink and grill. Other features include tankless water heater, 10' ceilings and 8' doors, two washer dryer hookups (second hookup is in the garage), high impact doors and windows, security system, pre-wired for surround sound, Delta plumbing features, brick pavered driveway, and spray foam insulation! Scenic Hwy 98 and the beach is easily accessible across Holiday Road, as is the new Seascape Town Centre. Come take a look at this gorgeous home. Buyer to please verify all information contained herein, including sq. footage, room dimensions, and lot dimensions.
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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 |
|---|---|---|---|
| Nov 1, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by The Premier Property Group | $499,000 | |
| Listed by The Premier Property Group | |||
| Jul 31, 2017 | Listed | $499,000 | |
| Listed | |||
| | |||
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Awesome location! This beautiful 4 bedroom 3.5 bath is centrally located in Miramar Beach. The home features 10 foot ceilings 8 foot doors, granite counter tops, kitchen island with sink and breakfast bar. The owners spared on expense on the upgrades... The large master bedroom features trey ceiling with accent lighting. The master bath features large walk in closet, double vanity, garden tub with separate shower. The back yard is fully fenced, with a screened in lanai that features a fireplace, granite counter top with sink and expandable to a full outdoor kitchen. The back yard is enclosed with an 8 foot privacy fence for your privacy. Brick pavers for the driveway and sidewalk leading to the front door. The bay is only steps away and there is no home owners association.Truly a must see.The manager has listed the unit size as 2496 square feet.
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| May 18, 2016 | Sold | ||
| Sold | |||
| May 16, 2016 | Listed by The Premier Property Group | $425,000 | |
| Listed by The Premier Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017