356 Hideaway Bay Drive
About This Property
Private, screened L-shaped pool, measuring 38 feet long, 10 feet wide, with an additional 25 ft width for the built-in Spa.
Conveniently located in Miramar Beach, close to shopping and dining, yet nestled away in a quiet, friendly neighborhood.
Inside, you'll relax with a custom home, 12 foot ceilings on the first level, including 2 living areas, gourmet kitchen with Wolff and Subzero appliances. Formal Kitchen, separate eat-in area. The master suite features a large bayfront bedroom, with large, walk-in closet with built-in cabinetry, and a large custom bath, with separate spa tub, custom shower with 2 wall shower heads, one rainhead, and 2 body sprays. 3 additional bedrooms on the first level and 2 additional full baths. Large Laundry room on the first level as well.
The second level features a large great room, with amazing bay views and balcony. Also on this level is another large bedroom, with private bath.
Need storage space for your cars and belongings, check that box off as well, with the oversized attached 4-car garage.
For the Boater, the Dock is in place and ready for your boat!
Exterior features include Stucco Exterior, and recently installed concrete tile roof. Large paver driveway. Over 7/10s of an acre beautifully landscaped and manicured lot!
Extra bonus, additional spray foam insulation to help lower utility bills!
Easy to show, call today to view the bay front home that you've been waiting for!
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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