37 Abaco Lane
About This Property
The home is on 37 Abaco Lane which is a small private south side 30A Rosemary street. There is zero Thru Traffic and peak views to Gulf of Mexico from the third floor.
This 4 bedroom property in Rosemary Beach has been renovated and professionally designed and furnished by Award Winning design firm ''Sugar Beach Interiors''. Newly constructed large custom private heated pool with expansive pool deck for entertaining & relaxation!
Main House 3BR 3BA and Carriage House 1BR 1BA
The master bedroom on the 1st floor has a King size bed, newly renovated private master bathroom, and designer furnishings.
The second bedroom on the 1st floor has 2 bunk beds (a total of 4 twin beds) next to the bathroom with walk in shower. On the 2nd floor, you will find the main living areas. Adorned with stainless steel appliances, marble counter tops, and a flat screen TV, the kitchen is the place to entertain and cook a chef's meal. There is a large Gathering Area in the kitchen which creates the perfect environment for cooking and having everyone in the kitchen together. Off the kitchen is the dining room with seating for 6.
The living area is decorated in beachy blues and sandy neutrals by a local designer.
At the top of the staircase on the 3rd floor, you will find another master suite. This room has a queen size bed, private bathroom, and a perfect loft feel. There is also a bathroom with large soaker tub and stand-up shower.
Just outside of the main house is the fenced, private heated pool! This pool and grilling area is the place to be. Our pool is one of the largest private heated pools in Rosemary Beach.
The carriage house offers sleeping for 4 with a queen sofa sleeper and a queen bed. It was recently renovated with brand new gorgeous wood floors, marble granite tops and pristine decor! This inviting space opens to a full living room with a kitchenette, breakfast bar for 2, and a full bathroom with walk-in marble shower. Walk up the new staircase to the cozy/chic bedroom that offers a queen-sized bed, lounge chair for reading or just taking a mid-day snooze!
This is THE Deal - South side of Rosemary 4 bedroom/4 Bath Pool Home for only $785.65 sq/ft - Priced to Sell - all others over $800 sq/ft.
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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