1518 Abaco Cove
About This Property
A decorative glass front door welcomes you into a bright, open floor plan featuring luxury vinyl plank flooring throughout the main living areas. The formal dining room is accented by a classic column, while the spacious living room showcases a cozy gas fireplace and French doors leading to a vaulted flex room with skylights. This versatile space is ideal as a home office, second living area, playroom, fitness room, or sunroom.
The first-floor primary suite is a peaceful retreat with abundant natural light, a large walk-in closet, and an ensuite bath featuring an oversized soaking tub, custom tiled walk-in shower with pebble flooring, and spacious vanity. A guest bedroom and convenient half bath are also located on the main level.
The well-appointed kitchen features stainless steel appliances, a gas range, stone countertops, tile backsplash, large center island, pantry, and an eat-in dining area. The adjacent laundry room includes a window for additional natural light. The oversized two-car garage offers valuable storage space above.
Upstairs, you'll find two generously sized bedrooms with unique architectural details, ample closet space, a linen closet, and a full bath with a tub/shower combination.
Step outside to a private, beautifully landscaped backyard surrounded by mature trees and shrubs, creating the perfect setting for entertaining, birdwatching, or simply relaxing in the peaceful surroundings.
Located in one of Bluewater Bay's most desirable communities, this home offers flexible living spaces, timeless character, and exceptional privacy. Don't miss your opportunity to make this beautiful property your next home--schedule your private showing 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Listed by Carriage Hills Realty Inc | $549,000 | |
| Listed by Carriage Hills Realty Inc | |||
| Aug 25, 2014 | Sold | ||
| Sold | |||
| Jun 27, 2014 | Listed by Carriage Hills Realty Inc | $315,000 | |
| Listed by Carriage Hills Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017