30
Map
302 6th Avenue
About This Property
Huge backyard with some mature coconut trees. The rest is a blank canvas to make it your personal dream yard. Spacious Indoor laundry room that is big enough to be used as a butler's pantry. Kitchen has stainless appliances and granite countertops with a large breakfast bar. Tile floors throughout. Closet organizers in bedroom closets and there is an Outdoor shower. Roof 2018 and AC 2019. Electric was just inspected and to par. SHORT TERM rentals are allowed
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by One Sotheby's International | $595,000 | |
| Listed by One Sotheby's International | |||
| Nov 25, 2014 | Sold | ||
| Sold | |||
| Aug 2, 2014 | Listed by One Sotheby's International | $262,500 | |
| Listed by One Sotheby's International | |||
| Sep 20, 1994 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017