1610 HAMPTON Place
About This Property
The kitchen is the heart of the home and boasts a distressed look with 42" cabinet where the details of extra-large drawers for storage and glassed cabinets add to the elegant look and colorful combination. Quartz counter tops, oversized farmhouse sink, stainless double oven with built-in microwave, food prep island with vegetable sink and wine refrigerator, counter depth stainless refrigerator, separate coffee bar area with floating shelves and eat-in kitchen area with window and door to outside, handcrafted tile backsplash from Spain; set off with under cabinet lighting. This home offers a triple split floor plan with two bedrooms each with built-in closet organizers to maximize efficiency of space and a jack-n-Jill bath that includes double sinks. Guest suite has double closets and a dedicated bath and separate door to the covered patio. Enter the master suite with cherry wood flooring, large windows, French doors with built-in blinds and extra high French tray ceiling. Master bath has double sinks, distressed white cabinets, large soaking tub, and separate shower with glass enclosure. Master closet has a built-in organizer to maximize the space. Three doors enter the back patio. Extra roof line gives this patio more space to entertain. Extra 220 outlet for easy installation of a hot tub. Double fans, speaker system and lighting, tile flooring, large fenced in backyard with immaculate lawn makes this the perfect backyard for entertaining and kids to play in. Attic pull-down stairs with extra storage, outside eves has outlets and a switch for your Christmas lights. Garage has beautiful outside lighting, whole garden sprinkler system, garage door opener, extra shelving, A/C with extra-large filter, prewired for security camera and the laundry room includes closet organizing system for extra storage and an environmental "Pure Wash System" to help save money on water and laundry detergent. Extra-large (66 Gallons) water heater to meet all your shower needs. Plant beds have concrete curbing and lava rock to help with weeding and includes low voltage lighting at night.
Home is located within the Eagle Harbor area and walking distance to the Clay County Soccer fields, boat ramp and Fleming Island Elementary school.
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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%.
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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.
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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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017