What is a good cap rate in Dewees Island?

A good cap rate on Dewees Island depends entirely on that specific property's purchase price, actual rental potential and real carrying costs, since this small, boat-access barrier island does not behave like the wider Charleston rental market. Dewees Island's conservation restrictions and access limits also shape what a property can realistically rent for and to whom. Because so few properties trade here, comparing a cap rate to a mainland town is not a reliable measure. Brian Beatty can walk an investor through the specific numbers on an actual Dewees Island listing rather than a general target.