171 ERIC DRIVE
About This Property
The 2-car garage boasts sealed flooring, and a new HVAC system was installed in October 2024. This single story residence with open floor plan an walk-in shower make this home both practical and comfortable. Don't miss out on this extraordinary opportunity to own a piece of paradise!
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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 |
|---|---|---|---|
| Aug 20, 2025 | Listed | $649,999 | |
| Listed | |||
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Step into elegance with this exceptional Pool Home nestled in the golf neighborhood of Cypress Knoll in Palm Coast. Designed for year-round enjoyment, the property features a Heated Saltwater Pool and Spa, a Screened lanai, and a brand-new pool pump installed in February 2025. The private backyard oasis is framed complete privacy fence with 4 entry gates (potential storage for a boat behind the gate), offering a serene retreat. The irrigation was also recently redone to keep your oasis lush.
Inside, expansive glass sliding doors welcome you into a beautifully appointed interior with an open-concept layout and upscale finishes throughout. Highlights include easy-to-install shutters on every window, crown molding, and tray ceilings that add architectural charm.
The gourmet kitchen is a chef’s delight, featuring a Gas Range, Stainless Steel appliances, including new fridge (July 2024), a custom pantry, and a cozy breakfast nook. The living room centers around a stunning artisan stacked stone fireplace, drawing the eye to the coffered ceiling above—an elegant focal point.
Enjoy built-in surround sound, updated alarm system, and a portable generator with hookup for added peace of mind. The spacious primary suite is bathed in natural light from its private patio access and includes a whirlpool tub, a handicap-accessible shower with dual shower heads, and a generous walk-in closet.
Two additional bedrooms, a versatile office/guest room with a Murphy bed, and a well-equipped laundry room with utility sink provide ample space and functionality. The two-car garage features sealed flooring, and a new HVAC system was installed in October 2024.
With its single-story layout, open design, and thoughtful accessibility features, this home offers both luxury and practicality. Don’t miss your chance to own a slice of paradise in Palm Coast.
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| Apr 23, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by HAMMOCK REAL ESTATE GROUP | $574,500 | |
| Listed by HAMMOCK REAL ESTATE GROUP | |||
| Aug 20, 2012 | Sold | ||
| Sold | |||
| Mar 9, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017