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1787 MARGARETS WALK Road
About This Property
The floor plan includes formal living and dining rooms, a dedicated office with a closet, and a spacious family room that serves as the heart of the home. The family room features carved wood flooring, a gas fireplace, custom built-ins on both sides, and numerous windows that bring in abundant natural light. Tile flooring extends throughout much of the main living areas, creating a bright and cohesive feel.
The primary suite offers wood flooring, a large double closet with additional storage, and a spacious bathroom with separate vanities positioned on either side of a soaking tub and a walk-in shower. Bedrooms two and three share a Jack-and-Jill bathroom, while the nearby pool bath adds convenience for guests and outdoor entertaining. Upstairs, a private bedroom and full bath with wood flooring and a tub/shower combination create an ideal guest suite or flexible living space.
The kitchen is designed for both daily living and entertaining with granite countertops, a 5 burner gas cooktop, double convection ovens, a new Samsung refrigerator, 42-inch upper cabinets with decorative accents, blonde cabinetry, tile flooring, and a casual eat-in dining area.
Outdoor living is a standout feature of this property. The fenced backyard includes an in-ground pool with built-in stools, paver decking, mature landscaping, colorful flowering beds, and a beautifully maintained lawn. The screened porch with tile flooring provides additional space for dining, relaxing, or enjoying views of the backyard and pool area throughout the year.
The stucco exterior with stone accents enhances curb appeal, while the oversized 2-car garage includes built-in cabinetry for storage and organization. With a gated neighborhood setting, new interior paint, a 2018 roof, dedicated office, private guest accommodations, and a resort-style backyard, this Fleming Island home offers the space, functionality, and updates buyers frequently search for in today's market.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $750,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jun 3, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $370,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017