815 Hideaway Circle W
About This Property
This meticulously maintained home boasts modern upgrades, including newer impact windows, doors, and sliders, a completely remodeled kitchen with appliances just two years old.
The main living level features an open floor plan with a guest bedroom, a full bath, and a spacious master overlooking the golf course. Upstairs, a private guest suite awaits, offering a full bath, two closets, a sitting area, and a secluded sunset balcony.
Plenty of storage throughout this home including large hidden storage under the stairs, large garage and two finished storage areas downstairs . This home is located in the Hideaway Beach community. This luxury gated community offers an unparalleled lifestyle with 2.5 miles of private beach, a newly remodeled Beach Club, beachfront dining, and over 150 acres of protected preserve. The acclaimed executive chef prepares several menu options, including fine and casual dining, served at four different venues, all with beach views. Indulge in golf, a fitness center, tennis, pickleball, bocce ball, croquet, kayaking, paddleboarding and more. The new Sports and Wellness Center is under construction and will be completed in Fall 2025. It will offer full fitness including 4 group exercise rooms, 5 virtual reality golf hitting bays, cafe, pro shop and massage rooms. Join Hideaway Beach, the Neighborhood on the Beach, and experience coastal luxury at its finest!
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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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About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017