355 6TH Street
About This Property
AMAZING BEACH COTTAGE JUST 2 BLOCKS TO THE BEACH & TO 3 PARKS. SHORT WALK TO TOWN CENTER. CHARMING HOME COMPLETELY REBUILT IN 2015 W/ 2030 SQ FT UNDER ROOF. SITS ON AN OVERSIZED 50 X 150 LOT. PLENTY OF ROOM TO CUSTOMIZE, EXPAND, ADD A GARAGE OR POOL OR ENJOY AS IS - YOUR PREFERENCE. Open fl plan, beautiful hardwood floors throughout, vaulted ceiling, metal roof, fresh sunlit rms. Primary Suite features 2 walk in closets, en-suite w/underfloor heating & private outdoor built in spa/hot tub. Separate backyard entrance office/ studio. Coffee on front porch, relax/dine in expansive screened Florida Room overlooking secluded backyard. A tropical oasis ! SEE SUPPLEMENT FOR MORE....A MUST SEE! Some additional special features to note to see no stone was left unturned:
- Incredible living space in the back under roof - the Florida Room, often referred to as "the oasis".
- Home was totally rebuilt in 2015.
- Built-in covered spa/hot tub as an extension to the primary bedroom is an exceptional feature.
- Primary bath w/dual vanity, sloped walk-in shower, toilet & a bidet.
- Primary bath includes heated flooring - feels so good...
- Unique heated & cooled office/studio has separate entry from the backyard - offers tranquil views.
- Exceptionally private setting.
- New HVAC in 2020.
- Far-infrared in-wall heaters in each room as an alternative to forced air heat. You have the option to use the heat that is part of the HVAC if preferred.
- Farmhouse kitchen sink w/ touch on/touch off faucet plus an insta-hot feature for immediate coffee/tea and hard to clean dishes.
- Home includes an in-ground gas tank in front yard serving tankless water heater, fireplace, grill in oasis & spa/hot tub heater. Electric stove top but the kitchen is stubbed for gas if you choose to have gas.
- Shiplap exterior, roof and pavers recently power-washed.
- Sophisticated security system. Details available upon request.
- Pull down attic staircase leads to a large space for storage.
- Shed for lawn equipment/storage.
- Cold water in kitchen and north sink in the primary bath, is filtered.
- Water softener.
- Drapes in Primary bedroom, Guest bedroom and Living Room Area are excluded but drapes on patio and by the spa stay and all blinds stay.
- Front gate sized to allow golf cart entry with outlet available for charging.
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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 |
|---|---|---|---|
| May 28, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $1,495,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Jul 29, 2014 | Sold | ||
| Sold | |||
| Sep 8, 2009 | Sold | ||
| Sold | |||
| Jul 1, 2009 | Listed by JAMES E WILKERSON, JR., BROKER | $299,900 | |
| Listed by JAMES E WILKERSON, JR., BROKER | |||
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BACK ON MARKET! NEW KITCHEN, BATH, ETC. FLOORS REFINISHED. NEW LANDSCAPING. TAKE ANOTHER LOOK. Builders plans available for home on this lot. This House is ready to CLOSE TODAY!!! BUY AND LIVE TODAY. BUILD YOUR DREAM HOME IN ATLANTIC BEACH TOMORROW.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017