212 Mattie's Way
About This Property
The updated kitchen is a chef's delight, featuring high-quality cabinets with built-in pullouts, a breakfast bar, gas cooktop, and beautiful granite counters. It seamlessly opens to the family room and pool area, making it ideal for entertaining. The primary bedroom is a true retreat, with a cozy sitting area and direct access to the pool. As you walk from the bedroom to the primary bath, you'll pass dual walk-in closets equipped with California Closet built-ins for easy organization. The primary bath boasts dual separate vanities, a spa-like tub, and a separate walk-in shower.
Rest easy knowing the seller will be replacing the roof prior to closing. This home also comes complete with a whole house generator and hurricane protection, ensuring peace of mind.
Located in the highly desirable Kelly Plantation, you'll have access to the phenomenal amenities of this coveted master-planned community. Enjoy the expansive pool, tennis and pickleball courts, an array of walking trails, owner's club and dining, fitness center, and dog park. The Fred Couples Golf Course, an 18-hole championship course known for its challenging design and scenic beauty, is just a short golf cart jog. Additionally, Plantation Park offers a playground, walking trails, basketball court and more.
Kelly Plantation is gated and guarded 24 hours a day, 7 days a week, providing security and exclusivity. The proximity of this gorgeous home to the extraordinary lifestyle of Destin, Florida, makes it a perfect choice for those seeking luxury and convenience.
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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