107 Mantero Way
About This Property
Nestled on a desirable corner lot within the gated Tuscany community, an intimate neighborhood of fewer than 50 homes, this spacious residence features 3 bedrooms, 2.5 bathrooms, and 2,118 square feet of thoughtfully designed living space.
The main level welcomes you with soaring ceilings and an open-concept layout that seamlessly connects the living, dining, and kitchen areas, creating an inviting space for both everyday living and entertaining. The well-appointed kitchen features granite countertops, abundant cabinetry, and tile flooring, while the screened porch provides the perfect setting to enjoy morning coffee or unwind in the evenings. Upstairs, the private primary suite offers a peaceful retreat with generous space and privacy. Two freshly painted guest bedrooms and an open hallway overlooking the dramatic living area below enhance the home's bright, airy atmosphere.Residents enjoy the privacy and security of this exclusive gated community of fewer than 50 homes, along with access to a sparkling community pool. Conveniently located just minutes from Destin's renowned beaches, championship golf courses, shopping, dining, and entertainment, this home is ideal as a primary residence, second home, or investment property. Conveniently located just minutes from Destin's renowned beaches, championship golf courses, shopping, dining, and entertainment, this home is ideal as a primary residence, second home, or investment property. Short term rentals of 30 days or more are permitted in this gated community! Schedule your appointment today to see this beautiful home!
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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