29887 FORTUNE CIRCLE
About This Property
Nestled within the exclusive, gated sanctuary of the Reserve at Fortune Field, this masterfully designed 4-bedroom, 3-bathroom estate offers an unparalleled blend of privacy and luxury on a sprawling 3/4-acre lot framed by a canopy of mature trees. Boasting over 3,000 square feet of beautifully appointed living, this home welcomes you with a grand two-story foyer that flows seamlessly into a bright main-level office and an elegant formal living room featuring a cozy fireplace. At the heart of the home is a gourmet chef's kitchen equipped with natural wood cabinetry, a seamless breakfast nook, and an adjoining sunroom that floods the space with natural light. The desirable first-floor primary suite provides a serene retreat with walk-in closets and a spacious ensuite bath, while the second floor expands your living options with large guest bedrooms and a massive bonus room perfect for a home theater or play area.
Meticulously maintained and engineered for peak efficiency, this residence features extensive recent premium upgrades, including gleaming new hardwood floors (2023), professionally refreshed landscaping (2023), and full crawl space encapsulation completed for ultimate home health (2025–2026). Key mechanical and appliance updates include a high-efficiency Lennox Hybrid Heat Pump for the first floor (2022), a state-of-the-art LG washer and dryer set (2023), and an energy-saving attic insulation blanket paired with two solar attic fans.
Outdoor living is equally spectacular, featuring an expansive back deck and a custom brick paver patio nestled against a private woodland backdrop, ideal for seamless indoor-outdoor entertaining. Complete with a 2-car side-load garage, this exceptional property delivers peace and seclusion in historic Milton while keeping you just minutes away from the premier coastal dining, shopping, and beaches of Lewes and Rehoboth Beach! Call Today!
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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