37 James Drive
About This Property
Inside this charming all brick home, the two spacious living rooms provide a perfect backdrop for living and entertaining. The beautifully updated kitchen, features all granite countertops, with a large breakfast bar, perfect for everything from morning coffee to hosting friends and family. Whether you're whipping up a quick meal or indulging your inner baker, the counter-space in this kitchen is a dream.
Just off the kitchen, the second living area is centered around a natural stone wood-burning fireplacethe perfect spot to unwind on cozy evenings. Flowing out to a spacious screened-in back patio with finished flooring, this is sure to be the perfect setting to enjoy Florida summer evenings, offering privacy and room to play, garden, or entertain outdoors.
Rest assured knowing the roof and all major systems are new or newer including a NEW ROOF in 2024, Hot Water Heater 2021, and a newer HVAC system 2019. Brand new carpet was just installed in all 4 of the bedrooms and the 2-car garage features a freshly finished floor and room for additional storage, while the driveway offers 4 more parking spacesperfect for guests or multi-car families.
Located just:
3.5 miles to Eglin Air Force Base
11 miles to Hurlburt Field
10 miles to the white sands of Okaloosa Island
Enjoy quick commutes to work and play while living in one of the area's most beloved neighborhoods.
Don't miss your opportunity to own this charming home in a location that truly has it allspace, character, updates, and a neighborhood you'll love.
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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