90 Beacon Point Drive
About This Property
Designed for full-time living, the home features abundant storage, an oversized garage, dual paver driveways, and gated boat parking. The inviting board-and-batten exterior and welcoming front porch complement the bright, open-concept floor plan with luxury vinyl plank flooring, Quartz countertops, stainless steel appliances, a gas range, custom tile backsplash, and spacious living and dining areas. The first floor also includes a guest suite with ensuite bath, powder room & large laundry room. Upstairs, the primary suite offers 10-foot ceilings, a shiplap accent wall, barn doors, and a spa-inspired bath with a soaking tub, dual-head tiled shower, and Quartz double vanity. Two additional bedrooms, a guest bath, wet bar with wine refrigerator, and a spacious balcony overlooking the bayou and oak trees complete the second level. Built with quality & efficiency, the 2x6 construction and storm-rated windows will put your mind at ease! Additional features include enhanced exterior insulation, sound-insulated interior walls, raised ceilings, remote-controlled window treatments, high-end lighting and ceiling fans, an irrigation well, concrete slab foundation, tankless water heater, gutters with LeafGuard protection, an outdoor shower, and a gas stub for a future summer kitchen or fire pit. Offering the perfect balance of privacy, quality craftsmanship, and waterfront recreation, this exceptional home in a non short-term rental community is a rare opportunity to enjoy the best of the Emerald Coast lifestyle.
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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