1236 Elderflower Drive
About This Property
The thoughtfully designed kitchen has been enhanced with upgraded hardware, soft-close hinges, glass-front cabinetry, and a gorgeous kitchen island flowing seamlessly into the main living spaces--perfect for both everyday living and entertaining. The butler's pantry is equally impressive, featuring upper and lower cabinet lighting, expanded storage, and both a wine refrigerator and a separate beverage cooler.
The luxurious primary suite offers a spa-like retreat, complete with a rain head shower. Additional upgrades throughout the home include a custom-designed primary closet with wood shelving and built-ins, updated bathroom mirrors, and a redesigned mudroom with added cabinetry for optimal storage.
Built with efficiency and convenience in mind, the home includes impact-resistant windows, and a gas tankless water heater. Smart and lifestyle enhancements include a Ring doorbell system with exterior cameras, surround sound in the den, and outdoor speakers on the back patio and pool area.
Step outside to your private backyard oasis featuring a stunning gunite in-ground pool, expansive paver decking, and a fully screened enclosure. The outdoor space is further enhanced with a gas line for grilling, extended green space ideal for pets or play, professional landscaping, and accent lighting--perfect for relaxing or entertaining.
Additional upgrades include a professionally coated garage floor, custom draperies, and whole-home wood plantation shutters, including the garage.
This exceptional home perfectly blends comfort, craftsmanship, and modern elegance in one of Niceville's most desirable communities.
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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