312 N 6TH STREET
About This Property
Start your mornings sipping coffee in the inviting front courtyard, and unwind in the private backyard oasis, complete with a pergola-ideal for enjoying an afternoon beverage. Just two blocks from the beach and within walking distance to vibrant shops, restaurants, and nightlife, this golf cart-friendly community offers the ultimate in coastal living. Additional highlights include a two-car garage, low-maintenance yard, Key West shutters, an electric fireplace, and a built-in sound system for ambiance throughout. This move-in-ready retreat blends modern upgrades with beachside charm-your dream cottage awaits! Some pics are virtually staged.
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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