1084 Suwannee Drive #LOT50
About This Property
The floor plan features an open living, dining, and kitchen layout with access to an expanded screened rear porch overlooking a retention pond. The primary suite is located privately at the rear of the home and includes a walk-in custom closet and a bath with a tiled shower and quartz vanity. Two additional bedrooms share a full bath, while the study near the front of the home provides flexible space for a home office or additional living area. Interior features include 10-foot ceilings, crown molding in main living areas, quartz countertops in kitchen and bathrooms, upgraded stainless steel Bosch appliances with a 36" dual fuel range, luxury vinyl plank flooring throughout, and wood cabinetry with soft-close drawers.
Exterior construction includes cement fiber siding, heirloom brick accents on both expanded front and rear porches, decorative shutters, a professionally landscaped yard with irrigation and the added fence tie-in on the the park side of the homesite.
Residents of Watersound Origins enjoy access to the Origins Golf Course, Village Commons pool and fitness center, sports courts, trails, and Watersound Town Center located within the community.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Listed by Watersound Real Estate | $970,400 | |
| Listed by Watersound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017