206 20TH Street
About This Property
The state of the art, spacious gourmet kitchen boasts new stainless-steel appliances, a gas cooktop, double ovens, stunning blue/green granite countertops and custom maple cabinetry. It will delight the finest of chefs. Bamboo flooring is featured throughout most of the home, An ultra-luxurious 3rd floor In-law suite, office, studio etc. is totally independent with a lock off from the main house, an independent entrance from deck, it has a full kitchen, a fireplace and bathroom.
The master suite is large with great closet space and a veranda overlooking the pool and putting green. The bathroom has an elegantly designed shower which opens to an expansive tub, double sinks, and a separate commode room.
When you're this close to the beach, you need guest rooms. Three additional bedrooms and two baths are on the other side of the home for added privacy and to host family and friends.
A two-car garage with freshly painted floors provides abundant space for storage. A separate one car garage is off the backyard near the putting green to store all your beach toys, gardening tools and golf cart. There is a large driveway for additional parking.
This 3-story concrete home has a rooftop for lounging with fabulous ocean views. It is located at the end of a dead-end street with a neighborhood beach path right outside your front door.
Put up your feet, toast and relax for gatherings that linger long into the night in your outdoor oasis. Elegance and functionality were combined to provide the perfect entertainer's dream home.
Getting away from it all has never been this close to it all. Near shopping, restaurants, and historic downtown St. Augustine with no CDD or HOA fees.
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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