11 PARKER DR
About This Property
Step inside to discover a bright and stylish interior with an abundance of natural light paired with a
sophisticated color palette and gorgeous hardwood floors. The layout offers three bedrooms, 2.5
bathrooms and multiple living spaces to ensure a room for every mood and occasion.
Take your pick from the elegant great room, with a cozy fireplace and sky-high ceiling, or retreat to
the comfort of the upper-level loft set between the two guest bedrooms. There is also a large bonus
room over the garage, complete with a walk-in attic storage space and all the room you need to
create an office, a guest suite, or a media room; the choice is yours.
Anyone who loves to cook will adore the beautiful chef's kitchen set in the heart of this luxurious
haven. The suite of appliances includes dual ovens and a six-burner gas cooktop, while the list of
features continues with ample storage within the solid maple cabinets, sweeping granite countertops, and a breakfast bar where guests can gather as you show off those culinary skills.
Meals can be enjoyed in the casual breakfast nook or you can make the most of the elegant dining
room and dine with loved ones in style. This level is also home to the plush owner's suite with a
walk-in closet and an attached bathroom, with a floor-to-ceiling tiled shower and a jetted tub.
The living space continues outside to the sunny poolside terrace where you can soak up the
sunshine as you take in views over the sparkling pool and out to the mature trees beyond. The yard
is fenced for added privacy and there is also a shed for even more storage. This must-see home is
set within the prestigious Parkers Pointe community just moments from all the restaurants and
shopping of Millsboro and only 30 minutes from Bethany Beach and Rehoboth Beach. Parker's Pointe features custom-built homes set on large lots with mature trees and allows storage of your boat and/or RV. Schedule your tour of this special property today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017