75
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1961 Baytowne Loop
About This Property
The main level welcomes you with a light-filled open floor plan featuring warm, multi-tonal distressed wood-look LVP flooring and seamless flow between the living, dining, and kitchen spaces. The chef's kitchen is beautifully finished with Arabescato Venato marble countertops, custom cabinetry, and a pantry with built-in storage, combining elegance with everyday functionality. A guest bedroom and full bathroom on the first floor provide convenience and privacy for visitors. Step outside to the private pond-side patio, where peaceful water views and gentle breezes offer a quiet escape just moments from the vibrant energy of Sandestin.
Upstairs, the spacious primary suite serves as a private sanctuary, joined by two additional en-suite bedrooms, including a versatile bunkroom ideal for hosting family and guests. Each bathroom showcases beautifully tiled shower walls that reflect the home's elevated finishes. A second living area creates flexible space for relaxing or entertaining, while the upstairs laundry room enhances everyday ease and functionality.
With its desirable layout, scenic waterfront setting, and proximity to the community pool and Baytowne Wharf, this home offers the rare combination of comfortable everyday living and strong rental appeal, an ideal opportunity for owners seeking enjoyment and income potential.
Within the gates of Sandestin, residents enjoy miles of golf cart and pedestrian pathways winding through lush landscapes and scenic lagoons. Spanning over 2,400 acres from the bay to the beach, Sandestin Golf and Beach Resort offers premier amenities including four championship golf courses, world-class tennis facilities, a full-service marina, and abundant dining and shopping at The Village of Baytowne Wharf and Grand Boulevard. Whether you're seeking peaceful pond-side relaxation or easy access to resort attractions, this home delivers the best of Sandestin living.
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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