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23 LUTHER DRIVE
About This Property
Enjoy peace of mind with a brand-new roof installed in 2026, an A/C system approximately 4 years old, fresh interior paint, and new flooring throughout. The home features a bright, clean, and welcoming atmosphere with a comfortable layout perfect for everyday living and entertaining. The garage also features a durable epoxy-coated floor for a clean and polished finish.
Step outside to a spacious backyard with plenty of room to create your own Florida retreat. Imagine adding a future pool, creating an outdoor barbecue and entertainment area, or simply enjoying beautiful Florida days while making special memories with family and friends.
Location is another great benefit! Enjoy the Palm Coast lifestyle with beautiful Atlantic beaches, parks, and outdoor recreation nearby, along with convenient access to shopping, dining, everyday necessities, and I-95. Palm Coast is ideally situated between historic St. Augustine and Daytona Beach, making it easy to enjoy day trips, entertainment and dining.
Finding a move-in-ready home with these updates, this much outdoor potential, and such an attractive price is an opportunity you don't want to miss. Great home, great location, and exceptional value-all that's left to do is move in and make it yours. Schedule your private showing today! More Pictures coming Soon!!!
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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%.
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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.
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About Mantanza Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017