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107 6TH STREET N
About This Property
The first floor features two bedrooms, a full bath, and its own inviting living area, creating a great space for guests, family, or extended stays. Upstairs, the second floor opens to a huge main living area with an office nook, an updated kitchen, tile and LVP flooring, and seamless access to an expansive deck where stunning ocean views set the perfect backdrop for entertaining or simply enjoying the sea breeze.
The third floor is dedicated to a large private primary suite filled with natural light and beautiful ocean views. Enjoy your own balcony, additional living area, and a spacious bath complete with a giant soaking tub and walk-in shower.
Just steps from the beach and some of Flagler Beach's best restaurants, this home offers the ideal blend of space, views, convenience, and laid-back coastal charm.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017