2016 N Indian River Drive
About This Property
Enjoy breathtaking waterfront views and an open-concept design that flows seamlessly from the interior to the outdoor oasis with a sparkling pool-perfect for relaxing or entertaining. Boating enthusiasts will love the convenience of TWO BOAT DOCKS AND TWO LIFTS! Inside you will be impressed by the high ceilings and expansive front balcony with panoramic views of the intracoastal waterway! The kitchen is an entertainers dream and has been thoughtfully updated with tons of cabinet space, granite countertops, SS appliances, custom tile backsplash and wet bar!
The 4 bedrooms upstairs lend themselves to versatility. The primary bedroom has an updated jack and jill bathroom with adjoining room that could be a sitting room or another bedroom. Across the house are 2 additional guest rooms with jack and jill bathroom. The downstairs bedroom en suite overlooks the pool and features a kitchenette, updated bathroom with walk in shower and laundry room. This multi functional space could also be utilized as a second living room, rec room, yoga room or even a home office.
Additional features include a new ROOF (2023), new windows and sliding doors (2022), updated electrical, irrigation system, laundry chute, additional covered parking, enclosed workshop with electric-perfect for artisans, gardeners, hobbyists and also a gated entryway.
Delight in watching dolphins and rocket launches right from your very own yard. Enjoy easy boat access to Dolphins Bar & Grill, Harbor Town Marina fuel dock and direct ocean access through Canaveral Locks.
Don't miss your chance to own this 1-of-a-kind property with stunning views, immaculate floor plan and unparalleled location!
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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