1127 INDIGO ROAD
About This Property
Major upgrades include: roof and impact skylights (2020), fireplace custom built-ins (2020), HardiBoard siding (2021), upgraded electrical panel (2021), whole-home hardwired internet, new septic drain field (2018), two HVAC systems replaced (2022), impact windows and sliding doors (2022), backyard pavers and summer kitchen (2022), plantation shutters (2023), two new water heaters (2023), new garage doors and openers (2023), kitchen appliances (2023), electric roll-down lanai screen, landscape lighting, interior doors and closet upgrades (2023), lower-level flooring (2018), new upstairs carpeting (2026), interior paint (2026), and freshly painted garage with upgraded epoxy-styled floor (2026). Offering 4 bedrooms, 2 full baths, and 2 half baths, this home is thoughtfully designed for both comfortable daily living and effortless entertaining. The oversized primary suite serves as a private sanctuary, featuring dual closets, a spacious en-suite bath, direct access to the screened lanai and side porch, plus an attached office space - ideal for working from home or a quiet retreat. Upstairs, an impressive 840+ sq ft bonus room includes an additional bedroom and half bath, creating the perfect blend of flexible living space, guest suite, or media room. Step outside to your own tropical backyard oasis. The resort-style pool with fountain, in-ground spa, and gas firepit create the ultimate setting for relaxation. The fully equipped summer kitchen makes entertaining seamless, while the screened lanai offers year-round enjoyment in comfort and privacy. All measurements and information intended to be accurate and reliable, not guaranteed. Measurements provided by Appraiser.
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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%.
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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.
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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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About Tomoka Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017