29 Sinclair Lane
About This Property
Forever views stretch across the water, where deer, herons, and kestrels are part of daily life. Sunrises, sunsets, and a front row seat to Fourth of July fireworks along the coast come standard. Paddle board straight to the Gulf, or walk to the beach in minutes. The community offers two pools and private beach parking.
Inside, vaulted ceilings with an exposed ridge beam open over white oak floors. Pecky cypress coffered ceilings and tongue and groove walls add warmth and depth throughout. The kitchen is elevated with Wolf and Sub-Zero appliances, a custom hood, and room for a crowd, opening directly to the living space with beautiful views of the lake and Gulf beyond. The primary suite is a quiet retreat with elevated finishes and a private balcony.
Built to host three families in comfort and built for entertaining, the spacious living and gathering areas pair with four generously sized bedrooms in the main residence and a fully separate carriage house, offering two double beds, a queen Murphy bed, full kitchen, and laundry. Guests get their own space. So do you.
Ideally positioned between Grayton Beach State Park and Topsail Hill Preserve, with the best of 30A dining, entertainment and shopping.
A refined coastal retreat where privacy, proximity, and luxury live together.
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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