29
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3642 Lucianne Drive
About This Property
Inside, the home features an open and welcoming layout designed for both relaxation and entertaining. Windows showcase serene creek views, while the spacious living areas and well-appointed kitchen create a warm and inviting atmosphere.
Outdoor living is a highlight, with an expansive wooden porch and deck system that provides the perfect setting for enjoying morning coffee, dining al fresco, or taking in the tranquil waterfront scenery. The property also includes a large outbuilding with an attached carport, offering excellent storage, workspace, or hobby potential.
Combining the charm of waterfront living with modern convenience, this Holmes Creek retreat embodies the best of Northwest Florida's natural lifestyle-peaceful, private, and full of potential.
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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