72 KINGSLEY LANE
About This Property
As you enter, to the right, you'll see the beautiful French doors that open to a large, bright, office. On your left is your dining room, bathed in natural light, filtering through a large window. As you proceed, the entryway opens to a living room with triple sliders to the lanai and pool. The eat-in kitchen features granite counter tops, abundant work and cabinet storage space, a pantry, a breakfast bar, and a breakfast nook. The split bedroom floor plan provides privacy for family and guests. Two guest bedrooms share a bath which has access to the pool & lanai.
The spacious primary suite is situated on the opposite side of the home, and features a walk-in closet, large vanity, stand alone shower and a garden tub. Built for entertaining, this charming home has ample space to entertain family and friends in the spacious lanai and heated pool. A sparkling pool beckons you with the promise of good times ahead. Grilling and entertaining poolside is living the Florida lifestyle. This home has been lovingly maintained and is offered for the first time on the market. Improvements include a new roof in 2018, pool resurfacing 5 years ago, and an attractive paver driveway installed 3 years ago. The oversized garage has room for 2 cars and a golf cart, or three cars, and space for a workshop. Solar panels heat the freeform pool. Beautiful, mature trees adorn the home and provide shade.
Plantation Bay is a Gated Golf Community with (membership optional) 45 holes of golf, a new, 33 million-dollar clubhouse, 2 restaurants, cabana, pool, Tennis, Pickleball, Bocce Ball, Wellness Center, walking trails and children's playground. You're only 15 minutes from the Flagler beaches and from I-95, just minutes away from shopping, dining, universities & colleges, hospitals, NASCAR Racing, Tanger Outlet Mall, Daytona Beaches, Airport, and more! Enjoy the best of all worlds! Don't wait on this home. Once you see it and this community, you'll want to call it "Home". All information is deemed to be correct but is not warranted. All buyers are encouraged to have a home inspection on any property they purchase.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017