32 WELLHAVEN LANE
About This Property
Unlock the potential of this 3-bedroom, 2-bathroom, 2,283-square-foot home located in the highly desirable Pine Lake subdivision of Palm Coast. Featuring a 2-car garage, spacious layout, and solid bones, this property is a perfect candidate for renovation and value-add improvements. The generous floor plan offers multiple living spaces, a large primary suite, and an open backyard-ideal for creating a modern open-concept design or adding premium upgrades that today's buyers and renters love.
Located just minutes from shopping, dining, schools, golf courses, and the beaches of Flagler County, this home's location alone is a major selling point. With some TLC, it can be transformed into a stunning residence for resale or a steady income-producing rental property.
Perfect for:
Investors looking for a high-ROI flip opportunity
Buy-and-hold landlords seeking strong rental demand
First-time buyers ready to roll up their sleeves and build instant equity. Opportunities like this in Pine Lake don't last-act fast and bring your vision to life!
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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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About Pine Lakes
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017