2149 HONTOON ROAD
About This Property
Turning onto the estate, majestic oaks canopy to create an almost dream-like approach leading to the circular driveway that graces the front of this traditional ranch, a home that showcases 27 years of meticulous care and pride of ownership from the same family, impeccably maintained and thoughtfully upgraded.
The focus of the floor plan is the outdoor living experience, highlighting the picturesque views of the water from high-impact, double-pane PELLA and PGT WINDOWS and FOURTEEN FULL-LITE FRENCH DOORS exiting onto 1700 sf of recreation and relaxation within the SCREENED LANAI. Anchoring a HUGE FLORIDA ROOM with its ANGLED TRAY CEILING is the first of THREE FIREPLACES. The second fireplace is to be enjoyed on the lanai under a starry sky, and the third is in the generous and graceful living room. Entertaining indoors is also easy and can be done casually from the dinette or formally in the dining room.
Although well-equipped with modern, HIGH-END SS APPLIANCES and glistening WHITE CABINETRY that extends to the ceiling, the kitchen is a classic charmer. Cobalt blue DELFT TILES complement the sensational blue SILESTONE COUNTERTOPS. A KITCHEN ISLAND on coasters, a WALK-IN PANTRY, decorative GLASS-DOOR cabinetry, and a DAILY-TASK DESK completes the updated space.
There are TWO SPACIOUS PRIMARY SUITES, each with EN SUITES and DOUBLE CLOSETS. These suites are located on opposite sides of the home for maximum privacy. The first suite is to the left of the living room and OPENS via FRENCH DOORS onto the lanai. The second suite is off a hallway to the right where a THIRD FULL BATH, a laundry closet, and an OVERSIZED GARAGE are also accessed.
Extensive renovations have been completed over the last three years which include LVP WOOD FLOORING, a premium TWO-UNIT CARRIER HVAC, and water heater. Also rebuilt in 2022 is the BOATHOUSE, which can launch an 18' boat with its 1.5 horsepower lift and aluminum cradle, and the DOUBLE-DECK DOCK, perfect for watching the sun rise and the Stetson Crew row to the calls of their coxie.
The estate includes two additional structures. Nearest the water is a WORKSHOP with independent heating/air and 220 electrical. A DETACHED TWO-CAR GARAGE is closer to the front of the parcel and is supplied with electrical, a utility sink, an outdoor shower, and has potential for future development as a GUEST HOUSE.
Additional improvements: SOLAR POWERED ATTIC VENTILATION...SOLAR MATTS FOR POOL HEATING...THREE SOLAR TUNNELS...WATER SOFTENER...IRRIGATION...TWO SUMP PUMPS.
Located just ten minutes to area shopping, a hospital, and award-winning Deland which was named America's #1 Main Street in 2017. Area beaches and all things Orlando are less than an hour's drive...making this an easy commute to anywhere by land or water!
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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