2060 WATERSEDGE DRIVE
About This Property
As you approach, you'll be greeted by a spacious driveway leading to an expansive side-entry 2-car garage (23x23) equipped with 8-foot doors, allowing for easy access to full-sized vehicles. This home features impressive 11-foot tray ceilings, stylish ceiling fans, and a large covered porch that's ideal for hosting gatherings. The chef-inspired kitchen is a highlight, complete with a massive 10-foot island, 42" soft-close shaker cabinets, elegant quartz countertops, a tasteful tile backsplash, and a full suite of stainless-steel appliances. The Primary Suite is a sanctuary of its own, featuring a cozy sitting area, large windows for abundant natural light, and a private entrance to the lanai. The en-suite bathroom offers a double vanity, a luxurious soaking tub, and an expansive walk-in shower. Additional features include high-quality vinyl flooring, a roomy laundry area with a utility sink, energy-efficient LED lighting, and a beautifully landscaped yard with ample space for a pool and RV parking. Situated conveniently near shopping and just 30 minutes away from New Smyrna and Daytona Beach, this well-constructed home also comes with a 1-Year Builder's Warranty and a 10-Year Structural Warranty. Your ideal home is ready and waiting!
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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