236 Pollard Cove East #LOT125
About This Property
The first step inside this luxurious home plan with 12' ceilings on the first floor and 10' on the second, showcases a grand foyer that leads to an open-concept living room and kitchen adorned with soaring ceilings and a focal point 42" fireplace with stucco chimney, make for an ideal environment for gatherings. Situated off the kitchen is a formal dining space with an abundance of natural light and a convenient wet bar.
The first-floor primary suite offers a serene retreat, while the second floor hosts three additional bedrooms, each with its own private bathroom as well as a comfortable secondary living space.
Perfect for hosting guests, the carriage house provides a private oasis with a large bedroom, kitchenette, and full a bathroom, complemented by storage closets for added convenience.
Outdoors, indulge in the ultimate Florida lifestyle with a luxurious pool and spa with a baja deck, perfect for soaking up the sun while staying cool, plus a cabana with outdoor fireplace package, alongside expansive covered porch space.
With impeccable craftsmanship and premium finishes throughout, the Darien plan embodies coastal elegance, offering an unparalleled living experience in the sought-after Watersound Origins community. Don't miss your chance to make this exquisite residence your own and embrace the epitome of coastal luxury. Expected completion is March 2025.
The Watersound Origins community is one of South Walton's most coveted neighborhoods for its exceptional amenities, beautiful new homes, and prime location. Amenities include the Village Commons pool & fitness center, sports courts including tennis and pickle ball, miles of nature trails, dock access to Lake Powell, unlimited golf, and lots of green space for outdoor play. The all new Watersound Town Center brings a new level of excitement and convenience to the community with a Publix Super Market, delicious restaurants, healthcare facilities, and more right at the entrance to the neighborhood!
*Pricing for inventory homes include lot premiums and may include optional upgrades. Added options/upgrades and pricing are subject to change. Please check with the on-site community specialists for the latest information for this home.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Berkshire Hathaway HomeServices | $2,559,281 | |
| Listed by Berkshire Hathaway HomeServices | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017