44 Sextant Lane
About This Property
The floor plan offers two primary suites (one on the main level), guest suite, upstairs secondary living area, and two sets of custom built-in bunk spaces providing flexible sleeping and gathering options. Additional highlights include a second-level balcony with sun deck, a two-car garage, and generous storage throughout This Regal Stephens built "Sandcastle Plan" features a incredible first floor primary suite (bedroom is 21 x 19) with spacious walk-in closet and french doors leading to the lovely screened porch overlooking the private preserve--no rear neighbors! The ensuite bath provides luxury with a oversized shower, freestanding tub, double vanities, water closet, and designer lighting.
Watersound West Beach is known for its private BEACH ACCESS via a scenic boardwalk through Deer Lake State Park, along with resort-style amenities including a heated/cooled community pool, parks, walking trails, putting green, fitness center, bike parking at beach, and security-gated entrance. This home is just a short stroll or bike ride to the beach, making it a true 30A coastal lifestyle opportunity. The BEACH ACCESS is a private perpetual easement so no crowds and no Customary Use worries! Whether you're searching for a primary residence, second home, or investment property, this home, offered beautifully furnished and appointed, delivers space, style, and location in one of 30A's most desirable communities. Call today for a private showing.
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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