12 Debra DRIVE
About This Property
Approach the elegant front entrance, framed by beautiful stone columns, which enhance its quintessential Spanish Mediterranean style. Inside, the main living areas and bedrooms feature sprawling mahogany LVP flooring, complemented by rounded corner walls, archways, and high ceilings. The kitchen boasts tile flooring, granite countertops, stainless steel appliances, a tile backsplash, recessed lighting and soft-close cabinets. Plantation shutters adorn the dining room, living room, and primary bathroom.
The spacious primary bedroom features tray ceilings, sliding door access to the patio, a custom closet by ClosetsByDesign, a floor-to-ceiling walk-in tile shower, dual vanity, and private water room. Two guest bedrooms and a guest bathroom are situated at the other end of the home for added privacy. The backyard offers a versatile shed and a 15' x 15' slab extension from the screened in patio, perfect for grilling, installing a fire pit, adding a hot tub, or simply enjoying the serene beauty of the Hammock. Additionally, there's a refreshing outdoor shower with PVC enclosure offering both hot and cold water, and a concrete walkway along the west side of the home.
This property features a premium 2-tank whole house water softener system, which significantly reduces chlorine, chloramine, organic chemicals, and scale-causing agents, along with a reverse osmosis system with an alkaline filter for the purest drinking water. The two-car garage includes a utility sink and an epoxy coating for durability and aesthetics.
Situated on a peaceful, shaded dirt road, the home is just a few hundred yards from the Intracoastal Waterway, featuring a community boat ramp. Enjoy easy access to jet skiing or kayaking without the crowds of the nearby public boat ramp. Jungle Hut Park, just a half mile away, provides beach access, while food shopping, restaurants, and coffee shops are within a mile. Hammock Beach Resort, Bing's Landing, and Washington Oaks State Park are all nearby, offering various leisure and recreational opportunities. Experience the leisurely life and endless possibilities this home on Debra Dr in the Hammock provides.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Price Decreased |
$669,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jul 22, 2024 | Price Decreased |
$678,500
↓ $11K
(1.5%) | |
| Price Decreased | |||
| Jul 1, 2024 | Price Decreased |
$689,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017