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25 POTTERS LANE
About This Property
But one of the best features of this property is waiting outside! The HUGE backyard is fully enclosed with white PVC privacy fencing, offering an incredible amount of room for kids, pets, entertaining, or even a future pool. Whether you envision a backyard playset, garden, outdoor entertaining area, or simply having room to spread out, there's plenty of space to make it your own! Additional highlights include solid concrete block construction, a tile roof (2003), and both the HVAC system and water heater replaced in 2019. And the location is hard to beat! Situated in the heart of Palm Coast, you'll enjoy convenient access to shopping, restaurants, medical facilities, schools, and parks. You're just 1 mile from the new $13 million dog park, pickleball, and recreation center, and approximately 15 minutes from the beautiful beaches of Flagler Beach. With a practical floor plan, an exceptionally spacious backyard, and a convenient location, 25 Potters Lane offers a lot to love. Come see the possibilities for yourself!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017