3476 CRAPE MYRTLE DRIVE
About This Property
Step outside into your own personal oasis, where a gorgeous pool awaits. Set amid lush landscaping, the pool area is ideal for relaxation, social gatherings, and soaking up the Florida sun. With a 2021 built saltwater pool and spa this outdoor space has been perfectly designed. The half bath is also off the pool area so no one needs to enter the main house during pool parties. The thoughtful design extends the living space outdoors, seamlessly integrating resort-style amenities with everyday comfort. Roof 2016, AC 2017, Pool 2021, Oven 2022, Garbage disposal 2022.
Embrace the lifestyle of waterfront luxury at 3476 Crape Myrtle-a rare opportunity to experience breathtaking Gulf views, sophisticated second-story living, and an idyllic waterfront setting all in one remarkable home. Schedule your private tour today and discover the unparalleled charm of Hernando Beach living.
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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 Hernando Beach
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$1,900 /mo
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$2,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017