1952 Jessica Way
About This Property
Tucked inside one of the most sought-after communities in Navarre, this 3-bedroom, 2-bath home is more than just a pretty place it's a lifestyle. With deeded access to the Santa Rosa Sound and a private community pier, you'll spend your weekends paddle-boarding, fishing, or simply soaking in the endless water views. Then when the sun sets; It's nothing short of magic.
Back at home, you're greeted by lush, tropical landscaping palm trees swaying, crepe myrtles blooming, and fresh paint giving everything a bright, clean glow. Step inside to an open, airy layout where vaulted ceilings and skylights let the natural light pour in. The living room centers around a wood-burning fireplace and frames the pool view like a living postcard.
In the kitchen, it's all about space, an island for gathering, an abundance of granite countertop space, stainless steel appliances for cooking, and cabinets galore for everything else. The primary suite is your personal escape, complete with crown molding, a spa-inspired bath with waterfall fixtures, a soaker tub, and dual granite topped vanities.
When the Florida sun is shining (which is often), your backyard becomes the ultimate retreat: a gorgeous in-ground pool, a cozy fire pit, and plenty of room to relax or entertain. And with upgrades like a brand-new HVAC, smart thermostats, new irrigation and pool pumps, hurricane fabric window coverings, and tilt-in windows with security stops, peace of mind comes standard.
Life's just better by the water and with everything else is right around the corner. Need one thing at Walmart or Publix no problem they are two minutes away, or hit your favorite local restaurant you have plenty to choose from! You are centrally located to everything, including Navarre Beach, water sports galore, and Hurlburt AFB. Traveling? That's covered here as well, you're near Destin-Fort Walton and Pensacola International Airports. This isn't just a home; it's your next adventure. And it all begins right here. Call and schedule a private 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017