18 SANCHEZ AVENUE
About This Property
Inside, this three-bedroom, two-bath home offers approximately 1,366 square feet of bright, thoughtfully designed living space. High ceilings, generous windows, and an open kitchen and family-room layout create an inviting atmosphere for everyday living and entertaining. The kitchen features quartz countertops, solid-wood cabinetry with soft-close hardware, and clean contemporary finishes. Upgraded luxury vinyl plank flooring provides style and durability throughout.
Additional highlights include a standing-seam metal roof, spray-foam ceiling insulation, tankless water heater, central air conditioning, covered patio, fenced backyard, public water, and a septic system. No HOA or CDD is shown in the available property records.
Whether enjoyed as a full-time coastal residence, low-maintenance getaway, or established vacation rental, 18 Sanchez Avenue places the beach, Intracoastal Waterway, dining, recreation, and natural beauty of The Hammock close at hand. The property is currently being used as an Airbnb, and historical financial records are available upon request.
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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