418 Sorrel Way
About This Property
Ideally situated backing to a tranquil common area instead of another residence, this homesite offers enhanced privacy and a more open, natural setting--an increasingly rare find in new construction communities.
Inside, you'll find a well-designed open floor plan enhanced by high-end finishes throughout. The heart of the home features a stunning... ...oversized kitchen island with storage on all four sides--perfect for entertaining, meal prep, and everyday living. A spacious walk-in pantry and dedicated mudroom add both function and convenience.
Designer touches like shiplap accents throughout the home create warmth and character, while the single-level layout offers ease of living for all stages of life.
With construction nearing completion, this is a fantastic opportunity to own a brand-new home in one of Niceville's most sought-after communities.
Located in the highly desirable Deer Moss Creek master-planned community, residents enjoy thoughtfully designed green spaces, walking trails, parks, and a true neighborhood feel that blends nature with modern living.
Buyer to verify all dimensions.
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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