2574 6TH AVE
About This Property
The mudroom entrance off the driveway is both practical and cozy, with ample storage closets and a wood-burning stove that could be easily connected to the existing chimney. Step into the living room, where exposed wood beams and a wood fireplace create a warm, inviting atmosphere, perfect for cozy evenings. Large windows allow the morning sun to fill the space, making it the ideal spot to start your day.
Adjacent to the kitchen, you'll find a spacious dining room and sitting area, featuring an 8-foot Andersen slider that leads to a second deck-perfect for outdoor dining and entertaining. The home has been thoughtfully updated with brand new flooring, fresh paint, and all-new bathrooms, including solatubes that bring in natural light, adding a touch of modern elegance to the classic charm.
One of the unique features of this home is the solarium, a serene space with terracotta tile flooring and custom blinds. Whether you're nurturing your plants, writing poetry, or simply enjoying a quiet nap, this room offers endless possibilities. The property also includes an antique, ornate gazebo at the back, perfect for outdoor relaxation, and an oversized free-standing two-car garage at the end of the driveway. Additionally, a partial basement with Bilco door access from the back of the home provides extra storage space and easy outdoor access.
Beyond the home's comforts, enjoy easy river access just down the road, leading to the scenic Mullica River. Whether you're into boating, jet skiing, or simply enjoying a day by the water, the nearby Sweetwater Riverdeck offers a perfect spot to unwind and take in the river's beauty.
With a new septic system, high-efficiency HVAC, and propane heating and cooking, this home is as efficient as it is charming. Alternatively, you can enjoy the economic warmth of wood heat. This Sweetwater gem offers a unique lifestyle that seamlessly blends the comfort of home with the serenity of nature, complemented by the vibrant river activities at your doorstep.
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Keller Williams Realty - Atlantic Shore | $399,500 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
| Oct 24, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017