15 Maple Street
About This Property
This home enjoys 2,043 sq feet under roof; 1,637 heated and cooled sq ft and 406 sq ft covered and screened-in porches. Mature landscaping beautifully details the large, almost ¼ acre corner lot. In 2022, the kitchen received a makeover bringing it into the 21st century with under cabinet lighting, soft close doors and drawers, recessed lighting, pendant lighting, updated tile backsplash and all new stainless steel appliances. The 10 ft ceilings adds to the charm of this old-Florida beach cottage with 3 bedrooms and 2 full bathrooms. Plenty of parking is available as pavers were added last year with room for 4 cars easily plus a driveway on the side of the house for additional parking. The home also received a new water heater in 2022.
The possibilities are endless with this home. Gulfview Heights subdivision does not have an HOA so short term rentals are allowed. With a few updates, this home will be an excellent source of income on the rental program. Several multimillion-dollar homes are located within this neighborhood as it is a hot location! The large yard offers plenty of room for an addition of a swimming pool and/or carriage house.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,099,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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Experience coastal living in this beautifully updated 3-bedroom, 2-bathroom beach cottage, perfectly positioned near the Gulfview Heights beach access and the vibrant heart of 30A. This home sits on a generous corner lot with two street entrances, offering endless potential for future enhancements. Inside, an open and inviting floor plan welcomes you into two distinct living areas that effortlessly balance relaxation and entertaining. The wrap-around screened porch is ideal for sipping your morning coffee or unwinding at dusk, while the spacious, fenced yard provides a private setting for outdoor gatherings. Unique touches like a miniature pickleball court and basketball hoop add a playful charm to this delightful property. Free from HOA restrictions, this residence offers exceptional flexibilitywhether you're seeking a primary home, a vacation retreat, or a smart investment opportunity, the possibilities are as endless as the coastal horizon. With world-class dining, boutique shopping, and recreational activities just minutes away, this cottage is the gateway to the quintessential 30A lifestyle.
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| May 2, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Christies International Real Estate Emerald Coast | $920,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017