24 LOCUST Street
About This Property
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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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by RE/MAX UNLIMITED | $699,500 | |
| Listed by RE/MAX UNLIMITED | |||
| Feb 5, 2018 | Sold | ||
| Sold | |||
| Nov 22, 2017 | Listed by RE/MAX UNLIMITED | $525,000 | |
| Listed by RE/MAX UNLIMITED | |||
| Apr 25, 2014 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $480,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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There's something about it that catches your eye as you're passing. Perhaps it's the clean architectural lines of the house or the symmetry of the windows looking onto the sunny street or a desire to take the afternoon off and spend it on that screened porch where the breeze from the nearby Intracoastal will gently blow your cares away.If you have favorite memories of past summers spent in historic coastal towns with days full of biking, swimming and exploring,living here will bring it all back. Polished wood floors with a frame pattern complement the neutral tones of the living room which is anchored by the coquina fireplace for the occasional chilly evening and by French doors opening to the 22' long screened porch. The ell-shaped kitchen has a great design featuring a single-vault ceiling with skylights, a bounty of cabinets and creamy granite counters with light earth tone highlights. It's such an inviting space that your culinary muse will be inspired and there's ample room for friends and family to consult. The dining room is open to the kitchen and to the screened porch so during our many temperate months, you'll have the French doors open to capture the breeze. The downstairs bedroom has a generous full bath with three closets. Upstairs the two bedrooms are both large - 20' x 16' for the master and 20' x 11' for the other. Full of windows, the natural light is diffused through the shutters creating interesting patterns in the wood floors. Each has a small walk-in closet and there is another in the hallway between the rooms. These rooms share the hall bath. The master has three exposures and its own screened porch. It's lovely to sit out there and watch the boats travel up and down the Matanzas River as they make their way down the ICW or out to the ocean and of course it's a front row seat for the 4th of July fireworks. The yard is just big enough for a bit of gardening and the pavered patio expands your entertaining area outdoors. A small garage is best suited to store bikes and kayaks which will become part of your daily routine in short order. Put in at the end of Locust Street and discover the fun of navigating the town from the waterside. This historic neighborhood is nestled between the Mission grounds to the north,the Fort to the south,the ICW to the east and San Marco Avenue with its eateries and shops to the west and the Historic District is four blocks away though you'd never know it. We'll be waiting for you on the porch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017