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3600 SURFSIDE TERRACE
About This Property
Outdoor Living at Its Best:
Between the two homes lies a sparkling in-ground pool with a unique built-in seating area, surrounded by a pavered deck ideal for relaxing or entertaining. An elevated wood deck provides a shaded retreat, complete with additional seating. The oversized pavered driveways accommodate up to 10 vehicles, with ample room for a boat or RV. Lush tropical landscaping, including palms and flowering plants, enhances the property's curb appeal, complemented by decorative rock beds.
Zoning & Investment Potential:
Zoned for multi-family use, this property offers excellent rental potential, with a minimum 30-day lease requirement per county regulations.
Recent Upgrades Include:
New roofs (2021)
Updated A/C systems and water heaters
Fresh interior and exterior paint
New soffits and rain gutters
Impact-rated exterior doors (rear)
New pool heater/chiller and variable-speed pump
Sprinkler pump, washer, refrigerator, and more
Custom impact-rated hurricane shutters and panels
Additional Details:
This agent-owned property is shown by appointment only. The upstairs apartment is currently tenant-occupied long-term, and the tenant would like to remain. All buyers must be pre-qualified with a lender or provide proof of funds prior to scheduling a showing. No "house to sell contingency" offers will be considered. Cash or Conventional Financing only.
A truly unique and versatile coastal property--don't miss this rare opportunity!
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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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Price Decreased |
$597,000
↓ $32K
(5.1%) | |
| Price Decreased | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by PREMIER SOTHEBYS INTL REALTY | $629,000 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
Property Highlights
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About Surfside Park
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$2,300 /mo
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$1,299 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017