2 Buddy Lane
About This Property
Set on a spacious lot that backs up to peaceful forest views, this property offers both privacy and plenty of outdoor space. Inside, you'll find a bright, open concept layout with LVP flooring throughout the common areas. Thoughtful upgrades are found at every turn, including plantation shutters, motorized blinds in living and dining areas, new ceiling fans and light fixtures with LED bulbs, blackout curtains in all bedrooms, and an ADT smart home security system. This one-owner home has been impeccably maintained, showing pride of ownership throughout.
The kitchen showcases granite countertops, a kitchen island, stainless-steel appliances, beautiful cabinetry, tile backsplash, and a new dishwasher. It flows seamlessly into the open-concept living and dining areas, which are filled with natural light and create a perfect space for entertaining. A dedicated laundry room adds convenience, with the washer and dryer conveying, including a brand new washer.
The master bedroom is a true retreat with a custom walk-in closet, renovated walk-in tiled shower, and luxurious soaking tub. Two guest bedrooms, thoughtfully separated from the master bedroom for added privacy, provide plenty of space for family or visitors. The guest bath has been beautifully renovated with a tiled shower and built-in bench.
Enjoy the outdoors year-round from the screened-in porch or the beautiful deck with railing and lighting--perfect for barbecues with friends or relaxing with nature views. The front and side yard feature new sod, and there is an upgraded irrigation system with a new Rid-O-Rust pump, and a well system for watering. Custom exterior lighting adds a warm, welcoming glow and enhances the home's curb appeal and nighttime ambiance. Additional features include a 2-car garage and an extended driveway for ample parking.
This home truly has it all--modern updates, peaceful surroundings, and an unbeatable location just minutes from the sugar-white beaches of 30A, giving you the perfect balance of a quiet neighborhood setting and the vibrant Emerald Coast lifestyle. Come experience why Peach Creek continues to be one of the most desirable communities in the area!
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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