440 Golfridge Drive
About This Property
Spanning across 4,340 square feet, this residence showcases a seamless blend of elegance and functionality. The open floor plan creates an inviting atmosphere, while the abundance of natural light illuminates the interior. The gourmet kitchen is a chef's dream, featuring top-of-the-line appliances, ample storage, and a center island. The adjacent dining area provides a perfect setting for hosting intimate gatherings or larger dinner parties.
The spacious bedrooms offer a peaceful retreat, each with its own en-suite bathroom. The master suite is a true sanctuary, complete with a luxurious spa-like bathroom and a private balcony overlooking the serene surroundings.
Located in the sought-after community of Watersound, this home offers proximity to the renowned 30A area, known for its pristine beaches, charming coastal towns, and a vibrant culinary scene. Residents can indulge in a variety of recreational activities, including golfing, water sports, and exploring the picturesque surroundings.
Perfectly 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 like a weekly Farmer's Market 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.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by Corcoran Reverie SRB | $4,395,000 | |
| Listed by Corcoran Reverie SRB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017