308 2ND Street
About This Property
who lived projects all over the place. I estimate the house has actually only been lived in 40% of its 11 years. However, we kept it professionally maintained at all times after the refurb we did. It is a new home by all accounts. We did give it a modern flare with our furnishings and art but the kitchen, bathrooms (which are in great condition) etc. were kept traditional and a few paint choices will make it yours. The tiling is pristine and for larger families the laundry room and garage work will make a big difference here at the beach. So, on some folks not-wish list, our Master is upstairs the backyard is well kept but not huge, sorry. As for location you could not do better; 7 minute walk to beachside or Caps for drinks. Away from the noise that a1a and tourists bring. In fact, it's eerily quiet at night. Why are we leaving? We would rather not but we have a home abroad and RTP looks like a landing spot for now, until the next call. Please come see our home and consider all it can do for your lifestyle. We are doing a final reduction to $510,000. If this doesn't work, we will consider renting (furnished option) for the right situation in the future.
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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 |
|---|---|---|---|
| Mar 20, 2020 | Sold | ||
| Sold | |||
| Nov 12, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $525,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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This gorgeous spacious home offers life at the beach (walking distance), plenty of privacy, and walking/biking distance to local amenities and restaurants. Minutes from Vilano Beach (3 miles), St. Augustine (5 miles), and Ponte Vedra Beach with World-Class Golf (15 miles), the location means endless activities are close-at-hand. Walk to Cap's On The Water or Aunt Kate's restaurants for a delicious meal with glorious views of the intracoastal, or to oceanside dining at The Reef. The five bedroom home has had very little use, as the previous owners have travelled during most of their ownership. Your family and guests will enjoy tremendous accommodations with this 5 bedroom, 4 bathroom, beautifully appointed home with a 3-car garage. Come enjoy ocean breezes and a wonderful quality of life.
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| Apr 10, 2019 | Listed by ANCIENT CITY REAL ESTATE LLC | $510,000 | |
| Listed by ANCIENT CITY REAL ESTATE LLC | |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $559,000 | |
| Listed | |||
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This immaculate modern 5/3/3 + office sits right between intracoastal & the BEACH! Wonderful open feeling with 20' ceilings in the family room & entryway, plus 10' ceilings through rest of 1st floor. Exterior FRESHLY PAINTED with UV fade resistant over elastomeric. Black GRANITE countertops, cherry wood cabinets, ELEGANT TILE backsplash, center island, & SS appliances. Fireplace, huge master bedroom & bath, recessed lighting, wired for alarm, tile floors, sprinkler system, tray ceilings, crown molding, tons of closet & storage space, including walk in attic. This home, furnishings & DECOR offer a unique NY style URBAN design. Watch the SUN RISE and SET with a short .3 mile WALK to the BEACH or INTRA-COASTAL. Walk to Cap's Restaurant or 4 min drive to Aunt Kate's. All furniture negotiable. The manager has listed the unit size as 2990 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017