549 HICKORY Drive
About This Property
one level single family home has No HOA fees. Located in Fleming Oaks and zoned for top
rated Clay County schools.
The property is beautifully landscaped with trees and shrubs on a 1.1 acre property with 210
feet of street frontage with a double seat porch swing, and the 1/3 acre rear yard is completely
fenced. The rear yard includes 2 Sheds that are 12ftx12ft and a 12ftx16ft with a barn roof that
has attic storage.
The fully automated pool is screened by a custom designed cage that was recently re-screened
with down lighting from above for a night swim. The pool screen connects to the home's Pool
Bath, Sunroom and Pool House/Shop, currently a workshop with 110/220 electrical, A/C and a
handyman's dream that includes a bathroom and shower. This brick pool house/shop can be
utilized for guests and could be the perfect weekend bar-b-que kitchen. Both the pool
house/shop and main house have attic storage as well totaling three attic storage areas, each
accessible via pull down stairs. With six unobstructed parking spaces that includes an attached
garage and private gated parking area directly located in front of the pool house/shop. All new
roofing, including the home, shop and sheds. A back-up electrical transfer switch to manually
switch to generator back-up in the event of a loss of normal utility electric power. The entire
home has an electrical surge protection system and 5 separate circuit panels that includes a
master panel, front half of home, rear half of home, pool house/shop and pool equipment.
Two highly efficient HVAC systems, one located at the rear of home and the second at the front
of home. An 8 zone lawn and flower bed sprinkler system (water supplied from an Artesian well).
The entire home and shop are fully alarmed and externally monitored, and front and rear
entrances have doorbell cameras and voice accessible from any of the home's 6 land voice
phones including the pool house/shop.
The attention to detail on this property is pristine. That includes a Sunroom overlooking the pool
that is so bright with huge windows, a vaulted 15 ft high ridge beam ceiling, and French doors
that open to a backyard oasis. This 4 bedroom, 5 bathroom home includes two master suites
with large walk in closets, separate vanities. The home's larger Master Suite includes; French
door entrance to the pool, two separate shower controls, two separate toilet rooms (one with a
bidet), a heated jacuzzi tub and two large walk-in closets, as well as a large office with plenty of
closet and storage space. The second master has vaulted ceilings, separate vanities and
bathroom door customized for handicap accessibility. The home has large closets throughout
including each bedroom, hallways and utility closet. The living room has a beam vaulted ceiling,
with a wood burning fireplace and four skylights for lots of natural lighting and vaulted ceilings
throughout other rooms of the house. You enter this house into a generous formal entry with the
kitchen and formal dining rooms just a step away and leading to the home's living room.
This home is in a quiet neighborhood with easy access to shopping, dining, sports and medical
facilities. Sitting in the sunroom provides an outdoor feel in the cool A/C. Being outside by the
pool gives the feeling you are sitting in a private park and summer oasis.
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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.
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017