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24 CARRINGTON LANE
About This Property
and has a custom tiled walk-in shower, garden soaking tub, his-and-hers sinks, private toilet, and a large walk-in closet with full closet system already installed. The two guest bedrooms and guest bathroom are opposite the primary. The kitchen is large, open, and overlooks the living room and pool. Quartz countertops, all newer appliances, smart fridge, decorative tile backsplash, under cabinet lighting, and additional cabinetry opposite the island. Should the new owner wish to install a gas stove, the home is already equipped with a buried propane tank! There is a breakfast nook with corner cabinetry for seating opposite the kitchen. Electric fireplace in the living room provides heat for the upcoming Florida Winter. Inside laundry is just off the garage and has built-in storage and utility sink with quartz countertops. The outdoor living area here is amazing with covered, outdoor kitchen with built-in grill, Big green Egg, wine fridge, and backlit quartz countertops. The heated saltwater pool was just resurfaced and retiled in 2022, and a new travertine pool deck with integrated drainage was installed. There is a small, fenced area for your fur family! Tall privacy hedges line the entire property to create privacy. The 2-car garage has volume ceilings and a HUGE air-conditioned storage room with two full sized doors.. a hard-to-find luxury in most Florida homes. Roof was replaced in 2023, HVAC in 2018, and water heater in 2011. Flood zone X. Current school zone is Tomoka Elementary, Hinson Middle, and Seabreeze High. All information and room sizes in this listing are intended to be accurate but cannot be guaranteed. Buyers and agents are always encouraged to perform due diligence.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017