$560,000
●
House -
Off Market
3 Beds
3 Baths
2,124 Ft²
$1,009,833
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model
About This Property
Wonderful 3 Bedroom, 3 bath Florida Cottage in the Preswick
neighborhood of Sandestin Golf & Beach Resort. This home has a
garage and is nestled near the end of a cul-de-sac with a dock
along the small lake in back. The home has a front and back porch
for relaxing and the porch in back is covered and screened. Recent
upgrades include stainless appliances in the large kitchen that
overlooks the dining and family room areas. The master bedroom is
oversized with a large walk in closet and has an office/sitting
area where some floor plans have a balcony. The living area is
tiled and includes a fireplace. Buyer to verify all dimensions and
fees.
Unit Size
2,124 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
$303
HOA Dues
$367
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (ECAR MLS #724651)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2015 | Sold | ||
| Sold | |||
| Jan 23, 2015 | Listed by Keller Williams Realty Destin | $569,000 | |
| Listed by Keller Williams Realty Destin | |||
Property Highlights
Air Conditioning
Fireplace
With View
Parking Details
Parking Features: Garage Detached
Garage Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Crwn Molding, Fireplace Gas, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All
Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
Rooms: 9
Exterior Details
Property Condition: Construction Complete
Year Built: 2001
Construction Materials: Frame, Roof Metal, Roof Pitched
Cul-De-Sac, Level, Within 1/2 Mile to Water
Lot Size Dimensions: 50 x 115 x 80 x 115
Financial Details
Tax Year: 2013
Tax Annual Amount: $3,633
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
Location Details
Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Master Association, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $367
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Calvin Cedarleaf, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 724651
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 724651
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