488 CAPTAINS Circle
About This Property
This home is a must see! Completely renovated from top to bottom with only the finest finishes such as:
*Frigidaire Professional Series refrigerator and appliances
*Brand new flooring throughout the home
*New plumbing fixtures from Ferguson
*Ventless gas fireplace large enough to heat entire house
*8 foot deep gunnite pool with color changing LED lights and wireless temperature control
* IAqua Link mobile pool controller for remote control access
*Summer kitchen with Blaze grill, power burner, and refrigerator
*Home wired and ready for complete audio/video/security with brand new speakers throughout the house *Two Brand new 16 SEER energy efficient air conditioning system. Multiple zone variable speed dehumidifier
Infinity Carrier HVAC with LCD display and Mobile app you can control from your phone with inline air filter and Guardian Air Purifier
* In-wall built in TV's with AV express wall mount
*Home backs up to nature preserve offering a very private setting
This house features a wonderful open floor plan with 3 bedrooms downstairs plus an office and formal dining room. The outdoor living space is covered and includes a beautifully updated pool, Jacuzzi, and summer kitchen.The upstairs has a large den with full bathroom, 4th bedroom, and balcony overlooking the pool.
When you purchase in Regatta Bay Golf and Yacht Club you are purchasing more than just a home you are buying a lifestyle. Regatta Bay is located in the middle of Destin's finest shopping and activities to include Destin Commons, Whole Foods, and Lu Lu's Restaurant.
*Motion activated security cameras are in place and recording for security of home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017