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3704 Long John Drive
About This Property
This inviting property offers 3 generously sized bedrooms, 2 bathrooms, and a two-car garage, providing plenty of room for family, guests, vehicles, and storage. The spacious layout is designed for comfortable living, whether you're settling in full-time, enjoying a vacation retreat, or looking for a smart coastal investment. One of the home's standout features is the 500+ square-foot heated and cooled bonus space, currently used as a man cave. With its generous size and climate-controlled comfort, this flexible area can easily serve as an entertainment room, game room, home office, fitness area, hobby space, guest retreat, or private getaway. Built with concrete block and concrete construction, the home offers a strong, durable foundation designed for lasting peace of mind. Additional updates and features include: ● Roof and water heater replaced in 2020 following Hurricane Michael ● Spacious, functional floor plan ● Well-maintained interior and exterior ● Refrigerator and stove included ● Two-car garage with ample storage potential ● Expansive heated and cooled bonus space Enjoy the best of coastal living with the beach just a short stroll away, while still having the comfort, space, and durability needed for everyday life. Whether you're searching for a primary residence, vacation home, or coastal escape, this property offers an exceptional opportunity in a highly desirable location. Come see all this welcoming beachside home has to offer and make it your own!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Listed by Coldwell Banker Realty | $500,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017