9004 E River Drive
About This Property
The heart of the home is the expansive living, dining, and kitchen area, perfect for entertaining family and friends. Featuring luxury vinyl plank flooring, white quartz countertops, custom cabinetry, designer tile backsplash, stylish pendant lighting, and a large center island, this space offers the clean, coastal-inspired aesthetic today's buyers are searching for.
The split-bedroom floor plan provides privacy and flexibility, with a spacious primary suite tucked away from the guest bedrooms. The owner's retreat features an oversized walk-in closet, dual vanities with quartz countertops, and a large tiled walk-in shower, creating a true spa-like experience.
Step outside and enjoy the oversized covered back porch overlooking more than half an acre of usable outdoor space with plenty of room for a pool, outdoor entertaining area, workshop, or simply enjoying the privacy and peaceful setting. Additional features include a sprinkler system supplied by a private well and fabric hurricane window protection for added peace of mind.
Conveniently located just minutes from shopping, grocery stores, dining, entertainment, and the Emerald Coast's world-famous white sand beaches and emerald-green waters, this home offers the perfect combination of modern living, space, and location.
Schedule your private showing today.
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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