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232 Sweetwater Run
About This Property
Inside, the open and inviting layout features 4-5 bedrooms, 3 full bathrooms, a dedicated study (or 5th bedroom), and formal dining room. The kitchen is designed for both everyday living and entertaining with painted maple cabinetry, granite countertops, stainless steel appliances, a breakfast bar, and a generous dining nook overlooking the living spaces. Hardwood flooring, plantation shutters, two-piece crown molding, tray ceilings, recessed and upgraded lighting, and a custom tile surround gas-log fireplace add character and warmth throughout the home.
The spacious primary suite is a private retreat featuring a tray ceiling, french doors to the screened porch, and ample space for king bed suit. The primary ensuite includes a beautifully remodeled tiled shower, dual vanities, corner soaking tub, and large walk-in closet! The fourth bedroom is ideally positioned as a private guest suite, complete with its own full bathroom. That bath also provides direct access to the screened porch--an especially desirable feature for entertaining and a fantastic setup should a future owner choose to add a pool. Outside, enjoy the screened porch and expansive, fully fenced backyard, offering plenty of room for pets, play, gardening, outdoor entertaining, or future pool plans. The home's corner-lot setting adds to the sense of space, while the side-entry garage and additional parking provide excellent functionality and curb appeal.
Even better, the home is within walking distance of Swift Creek's community pool and playground, allowing you to enjoy the neighborhood's amenities just minutes from your front door.
Major updates include a 2019 roof, HVAC system 2014/2024, 2023 disposal, and stainless steel kitchen appliances.
With its generous lot, flexible four-bedroom floor plan, three full baths, dedicated office, beautiful architectural details, and outstanding Swift Creek location, this home delivers the space, setting, and lifestyle that make Niceville living so desirable.
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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