86
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4600 Dixie Way
About This Property
Step inside to discover 10-foot ceilings adorned with rustic beams, Hickory cabinets, and an 11-foot solid quartz eat-in countertop in the kitchen. Upgraded appliances, including a dual fuel 48'' range with double oven, ensure culinary excellence, while the double pantry cabinets offer ample storage.
Originally a barn conversion, the house underwent a complete reconstruction in 2022, featuring a new roof, spray foam insulation, Hardie board cement siding, and real brick veneer. Luxury Vinyl Plank flooring flows seamlessly throughout, complemented by solid 8-fo 8-foot wood doors and vinyl Impact windows and doors.
Perfect for equestrian enthusiasts, the property boasts fully high fenced and cross fenced grounds, eliminating the need for hot wire. Your horses will thrive in the two 16x16 stalls equipped with water, fans, power, and lights, while the expansive 36x84 shop/barn provides ample space for equipment storage and workspace.
Indulge in relaxation on the 12x30 screened back porch or entertain guests on the 1200 square foot paver patio connecting the main house to the accessory building. This additional space, complete with mini-split A/C, offers endless possibilities for multigenerational living, a personal guest suite, or even a separate apartment.
For added convenience, a whole house propane generator, submersible well pump, tankless water heater, and 500-gallon propane tank ensure uninterrupted comfort and functionality.
Discover the joys of rural living with easy access to the Indian River Lagoon, where refreshing breezes and abundant wildlife await. Embrace the tranquility of this idyllic setting, where every detail has been thoughtfully curated for a life of comfort and ease.
If you love fishing, boating and beaches you will love living on the Spacecoast! =
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Price Decreased |
$599,000
↓ $41K
(6.4%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by EXP Realty, LLC | $639,900 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017