2303 Whispering Pines Boulevard
About This Property
This beautifully updated home offers a blend of modern upgrades and thoughtful features, making it the perfect place to call home. Located just a short distance from Navarre Beach, Hurlburt Field, and local schools, this home is both convenient and stylish. It boasts a newer roof (2019), gutters around the entire house, and a sprinkler system for easy lawn care. The home has been freshly painted, and all ceiling fans, door knobs, and cabinet hardware have been updated for a sleek, contemporary look. Inside, you'll find newer carpet and luxury vinyl flooring, and the air ducts and dryer vent system were recently professionally cleaned. To further improve air quality, an Aerus UV light air scrubber has been added to the AC system. The front fence has been replaced, and a 10-ft double gate has been installed, providing easy access for an RV or boat. Inside, the kitchen features professionally painted white cabinets, while the additional bathroom has an updated countertop. Cordless blinds have been installed throughout, and the front flower bed area has been reworked with excess bushes and plants removed for a cleaner look. Additional updates include a smart Nest thermostat, a Ring alarm system, and black stainless-steel appliances, including a fridge, microwave, dishwasher, and a double oven with an air fryer mode. The home also now has AT&T fiber optic internet, a feature that was previously unavailable. Outside, all light fixtures have been replaced, adding to the home's updated aesthetic. This home offers the ideal balance of comfort, convenience, and modern living. Schedule your showing today to see all that this fantastic property has to offer!
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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