8 Longwood Drive
About This Property
Location is Everything. Positioned less than a half-mile from an exclusive, resident-only bayou beach, this home puts coastal living right at your doorstep. Take a leisurely stroll to three nearby community parks, including two waterfront locations situated directly on Poquito Bayou. Spend your weekends boating, paddle-boarding, swimming, or fishing, complete with access to a community dock, boat ramp, playground, and scenic picnic areas.
This Classic Brick with beautiful stone detailing welcomes you right in! Inside, a bright, open-concept modern kitchen and dining space serves as the heart of the home, tastefully updated with warm wood-look tile, granite countertops, a crisp ceramic backsplash, and a dedicated desk nook with built-ins. Outdoors, an expansive screened porch offers the ideal setup for year-round entertaining, while a private rear-entry garage provides generous parking and added convenience!
Additional highlights include a durable, low-maintenance metal roof, plus a full natural GAS package--featuring a gas oven, GAS water heater, and central furnace for maximum comfort and energy savings.
Just 2.6 mi to Eglin AFB, 10.3 mi to Hurlburt, 7.9 mi to our infamous Emerald Coast Beaches! Call your favorite Realtor to schedule a showing!
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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