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1801 Glencoe Drive
About This Property
Abundant natural light fills this home, creating a bright welcoming atmosphere. The open-concept layout and high ceilings enhance the spacious feel, while a cozy corner fireplace adds warmth and character to the main living area. The kitchen features a farmhouse sink, quartz countertops, modern appliances and ample cabinet and pantry storage. The primary suite includes a tray ceiling and a private bath with dual vanities. The HVAC system was updated in 2023, offering improved efficiency. Step into the enclosed sunroom overlooking a spacious fully fenced backyard with plenty of room for pets to roam, entertain, garden or simply enjoy the outdoors. An irrigation system helps keep the lawn looking its best, while sidewalks throughout the neighborhood add to its appeal. With No HOA and located outside of a flood zone, this home offers added peace of mind. Bring your boat as you're minutes from local boat ramps with easy access to both freshwater and saltwater fishing. Conveniently located near shopping, schools, dining, Tyndall Air Force Base and Northwest Florida Beaches International Airport (ECP). Come experience everything this Lynn Haven home has to offer. Call for details regarding the assumable financing opportunity.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017