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16 EGAN DRIVE
About This Property
Enjoy comfort, space, and an active Florida lifestyle in this beautifully upgraded Augusta model located in the desirable Cypress Knoll neighborhood of Palm Coast.
This newer construction home offers 4 bedrooms, 2 bathrooms, and a rare 3-car garage, with a thoughtfully designed split floor plan that provides both privacy and functionality-perfect for families, professionals, or anyone needing extra space. Enjoy a spacious backyard with plenty of room to add your dream pool.
Inside, you'll find:
An open-concept kitchen with center island, breakfast nook, and formal dining area
A large, light-filled living space with oversized sliding glass doors leading to the covered back porch
Flexible bonus space ideal for a home office or den
A spacious primary suite with a deluxe bathroom and generous walk-in closets
Additional features include high ceilings, upgraded 8' interior doors, irrigation system, and quality finishes throughout that create a bright and inviting atmosphere.
Location is a standout feature. Just 5 minutes from the Southern Recreation Center, to enjoy access to 15 tennis courts, 12 pickleball courts, walking & biking scenic trails, fitness facilities, and community activities. Minutes from Publix, Target, AdventHealth Palm Coast, restaurants, I-95, and Flagler Beach-offering the perfect combination of convenience and the Florida lifestyle. This home offers the convenience of modern construction combined with a vibrant, active lifestyle in one of Palm Coast's most sought-after areas. Seller may consider contributing toward buyer closing costs with a strong offer. Available now – schedule your 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017