2162 Durell Lane
About This Property
Looking for space, comfort, and beachside convenience? This Promise Creek stunner has it all! Nestled in a peaceful cul-de-sac, this 3-bedroom, 2-bath beauty sits on an impressive .45-acre lot and is just 2 miles from breathtaking Navarre Beach.
The thoughtfully designed split floor plan offers functionality and flow, with a large family room, spacious dining area, and a well-appointed kitchen featuring upgraded stainless steel appliances, gorgeous raised-panel wood cabinetry, and a stylish three-sided breakfast bar for casual dining. Just off the kitchen, a door leads to the laundry room and attached two-car garage, complete with attic stairs and garage door opener. Out back, enjoy your mornings or evenings on the screened 8'x10' covered porch, with direct access to your huge, private backyardperfect for pets, play, or even a future pool! Retreat to your expansive primary suite, where double doors lead to a spa-like bathroom with a garden tub, separate walk-in shower, water closet, and an amazing 12-foot walk-in closet that's sure to impress.
With schools and shopping just a short walk away and a builder warranty still in effect since its 2009 construction, this home won't be on the market for long. Call today and schedule your showing before it's gone!
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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