696 Chesapeake DRIVE
About This Property
Cast a line off your dock and reel in some of the area's best Snook, Redfish, and Trout, or embark on an adventure on your boat to explore the open waters. As you step inside, you'll be greeted by breathtaking wide water views that frame the picturesque surroundings. Watch shorebirds gracefully soar past while dolphins and manatees play in the river right outside your door-it's truly a sight to behold!
This home has been thoughtfully remodeled to perfection, boasting a 2018 kitchen with high-end appliances, a wine cooler, quartz countertops, and custom hardwood barn doors. Additional upgrades include a saltwater pool with a sun shelf and pebble sheen surface surrounded by a custom paver deck, providing the perfect spot for relaxation and entertainment.
Your waterfront lifestyle is enhanced with a 2013 dock featuring remote-controlled boat lifts, allowing for easy access to the water for boating adventures or simply enjoying the peaceful ambiance of riverfront living.
Inside, you'll find hand-scraped bamboo flooring throughout, custom floating vanities with quartz countertops in the bathrooms, and unique tile from floor to ceiling. The spacious layout includes a she shed/art studio, perfect for indulging your creative pursuits or simply unwinding in your own private sanctuary.
Whether you're relaxing on the large composite wrap-around deck, enjoying the outdoor sound system, or gathering around the fire pit for evening conversations, every detail of this home invites you to unwind and embrace the coastal lifestyle.
Conveniently located near the famous Greek sponge docks, Rusty Bellies, local breweries, and eateries, this home offers the perfect blend of tranquility and entertainment. Don't miss your chance to experience this incredible way of life-schedule your showing today!
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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 Tarpon Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017