Nestled in the charming community of The Estuary, this stunning
3-bedroom, 2-bathroom home offers a perfect blend of contemporary
design and coastal charm. Built in 2018, this residence boasts an
impressive 2,187 square feet of living space, thoughtfully designed
for comfort and style. Step inside to discover an inviting open
floor plan that seamlessly connects the living, dining, and kitchen
areas. The gourmet kitchen is a chef's dream, featuring upgraded
countertops, stainless steel appliances, and a spacious island
perfect for casual dining or entertaining. The combination of
luxury vinyl plank, ceramic tile, and plush carpet flooring adds
warmth and elegance throughout the home. Enjoy cozy evenings by the
fireplace in the living area, enhanced by recessed lighting and
ceiling fans that create a welcoming ambiance. The primary suite is
a true retreat, complete with a beautifully appointed bathroom that
offers both functionality and luxury. Additional features include
two additional guest bedrooms and guest bath and a home office. A
finished. spacious garage and concrete driveway round out this
inviting home. Outside, the property is equally impressive.
The extensive hardscape and landscaping create a serene outdoor
space that backs to lush trees, offering a peaceful view of nature
right from your backyard. The community amenities are a highlight,
featuring a clubhouse, fitness center, Yoga studio, outdoor pools,
tennis courts, pickleball courts, walking paths, playgrounds and
more, ensuring there's something for everyone to enjoy. The Estuary
is not just a place to live; it's a vibrant community. Residents
benefit from well-maintained common areas, sidewalks, and street
lights that enhance the neighborhood's charm. Experience the best
of modern living in a community that feels like home. Don't miss
the opportunity to make this beautiful property your own!
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.
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