75 Krewe Circle
About This Property
Designed with both everyday living and entertaining in mind, the open-concept floor plan features a spacious living area with a tray ceiling that flows seamlessly into the well-appointed kitchen. Highlights include Craftsman-style cabinetry, stainless steel appliances, quartz countertops, farm sink, a walk-in pantry, and abundant storage throughout. The LVP flooring and crown molding elevate this home.
The thoughtfully designed split-bedroom layout offers privacy for the primary suite, which is spacious enough to accommodate king-sized furnishings. The luxurious ensuite bath features a soaking tub, separate shower, linen closet, water closet, and large walk-in closet.
On the opposite side of the home, you'll find three additional bedrooms, a full bath, and a spacious laundry room. A powder room located just off the main living area adds extra functionality for guests.
Step outside to the expansive covered back porch, perfect for outdoor dining, entertaining, or simply relaxing while enjoying the peaceful wooded backdrop.
Treasure Trove has a deeded bayfront lot with a pier & dock for you to enjoy. For the golfing enthusiast, there are many public courses in the area.
For the fisherman there are many charter boats at the Destin Harbor.
The property is located one block from the bay and is on a cul-de-sac which is great for kids.
Ideally located near premier shopping, dining, entertainment, and all the amenities the area has to offer, this exceptional home combines coastal living with everyday comfort.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017