344 Ruckel Drive
About This Property
To the right of the foyer is the elegant dining room with tray ceiling, crystal chandelier and ample room for your dining furniture. The formal living room enjoys a gas fireplace, built-in shelves, and Karastan Coastal Elegance carpet.
The sliding glass doors leads to the screened-in pool area and patio. This exterior space is an extension of the living area with a large, covered lanai leading to the two-level paver patio area. The salt-water pool features an oversized hot tub, fountain and waterfall, multi-colored underwater lights, a salt chlorinator and inside controls that allow you to operate the pool and spa from anywhere in the home!
Between the living room and family room is the stunning kitchen! This family sized kitchen has custom cabinets, wonderful granite counters, newer stainless appliances and Crema Maril Gloss tile floor. The island space has ample room for food preparation while also housing the 6-burner gas cooktop. The kitchen seamlessly flows into the open and informal dining area. There is a wonderful family room off the kitchen with movie theater, wine closet, entertainment center, and a wet bar complete with refrigerator! The theater space comes with the most comfortable reclining theater chairs, large TV and fabulous entertainment system!
On the other side of the home is the master bedroom suite with gorgeous lake views, a large master bath with a 2 sink vanities, whirlpool tub, large separate shower, along with dual walk-in closets.
Adjacent to the master suite, is the large pool bathroom and and just a few steps away is an office that could easily be another bedroom if desired that features a vaulted ceiling and large closet.
Upstairs are two bedrooms each with their own private baths and large walk-in closets. Both bedrooms open out onto a balcony that offers amazing panoramic views of Lake Henderson, its truly the perfect spot for family and guests! Upstairs there is another room which could be used as an office, playroom, home school space or crafting area.
This home was built with every space thoroughly thought through to include a large laundry room with plenty of storage, which opens to an oversized 3-car garage, with 2 large closets and ample attic space.
Every month you will appreciate the low electric bill due to the 2012 Geothermal heating and air, tankless water heaters, and low e-windows. Awarded the Okaloosa County ''Achievement of Professional Excellence for Energy Efficiency for 2012.''
There simply is no other home in Niceville with the appointments this home enjoys!
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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