286 Pin Oak Loop
About This Property
Tasteful craftsman-style updates begin at the foyer and continue throughout, including wainscoting, a barn door and built-ins in the flex room, and picture-frame molding in the primary suite. The kitchen features new quartz countertops, white subway tile and an island with breakfast bar. A split-bedroom floor plan provides privacy, while the open kitchen, dining and living areas create an inviting space for gathering. The versatile flex room adapts easily to your lifestyle, and the covered, TV-wired porch extends living outdoors. A two-car, side-entry garage adds convenience.
Recent improvements include a 2023 HVAC system, water heater and refrigerator, plus new paint, lighting and carpet.
Driftwood amenities include a community pool, stocked fishing ponds, waterfront gazebo and HOA events throughout the year. Hidden within the neighborhood is Driftwood Park, featuring tennis and pickleball courts, basketball, soccer, baseball, multipurpose fields, walking paths and picnic areas.
Enjoy easy access to Grand Boulevard, the 1,400-acre Sandestin Resort, Emerald Coast beaches, 30A dining and boutiques, golf, healthcare and everyday convenience.
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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