435 Windsong Drive
About This Property
Overflowing with natural light, the first-level main suite features a spacious walk-in wardrobe and sumptuous ensuite. A powder room, laundry room with dedicated entry, and a three-car garage complete the first level. Above the garage a self sufficient coach house awaits, providing a true guest retreat with private entry including a kitchen and living area, along with a bedroom suite.
Occupying nearly half of the upper-level footprint, the grand suite boasts soaring vaulted ceilings, dual walk-in wardrobes, private balcony, and a fully equipped en-suite with custom tiled wet room, soaking tub, dual vanity, and enclosed water closet. Three additional bedroom suites are also found on the second level.
Self sufficient carriage house providing a true guest retreat with private entry including a kitchen and living area, along with a bedroom suite.
Situated between Scenic Highway 30A and Highway 98, the WaterSound Camp Creek community offers convenient access to the iconic town centers of Alys and Rosemary Beach along with the culmination of world-class dining and entertainment options 30A has to offer. The rental restricted community also enjoys exclusive access to the newly constructed amenity center featuring dual pools, lazy river, pickle ball courts, tennis courts, a wellness center, and an on-site restaurant.
Located directly across Highway 98, the WaterSound Town Center hosts events and encompasses a Publix, restaurants, a STEAM school learning campus, and medical offices. Inquire today to learn more and discover why WaterSound Camp Creek remains one of the most sought-after ownership opportunities along 30A for full-time and second-home residents alike.
Estimated completion date of August 2024.
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by Corcoran Reverie SRB | $4,500,000 | |
| Listed by Corcoran Reverie SRB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017