3005 Watson Drive
About This Property
With 4 bedrooms and 3.5 baths, this home provides plenty of space for comfortable living. Practical amenities such as two hot water heaters and a spacious laundry area add to the convenience. The home features two electric fireplaces, a cedar-lined closet, a huge master walk-in closet, and so much more.
Enjoy the proximity to Chipola College, Jackson Hospital, and Downtown Marianna--making it a prime location. You'll also appreciate the convenience of a two-car garage and a circle drive for ample parking. The backyard is a tranquil oasis with a soothing fountain feature, perfect for relaxation and outdoor gatherings.
One of the bedrooms has been thoughtfully converted into a spacious closet, providing an extra touch of luxury and convenience.
Now listed below the current appraised price, this is a rare opportunity to own an exceptional home at incredible value. Don't miss your chance to make this remarkable property your own!
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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