20
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423 62ND STREET
About This Property
Step outside to your professionally landscaped yard and expansive outdoor living space, featuring an enclosed porch, maintenance-free turf and a composite deck perfect for evening cookouts.
Just a short walk - or golf cart ride - to the beach, public pickleball courts, a public boat ramp, and local shopping and dining. This home is also an established, income-producing short-term rental, making it an ideal investment property or part-time getaway.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by SATO REAL ESTATE INC. | $550,000 | |
| Listed by SATO REAL ESTATE INC. | |||
| Aug 24, 2025 | Price Decreased |
$564,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 15, 2025 | Listed | $574,900 | |
| Listed | |||
| | |||
|
PLEASE DO NOT CONTACT SELLER. Welcome to this beautifully updated and fully furnished coastal retreat, ideal as a short-term rental, vacation home, or primary residence. Renovated from top to bottom in 2025, no detail has been overlooked—from the brand-new roof, water heater, and appliances to the newer HVAC, washer/dryer, and upgraded garage door. Step outside to your private backyard oasis, featuring a spacious screened lanai, low-maintenance artificial turf, composite decking, and a fully fenced, professionally landscaped yard—perfect for entertaining or quiet relaxation. The oversized one-car garage offers generous storage space for owners or guests. Located just a short walk or golf cart ride from award-winning restaurants, boutique shops, and the crystal-clear waters of the Gulf beaches, this home is ideally situated to enjoy the very best of Anna Maria Island. At the end of the street, enjoy access to pickleball and tennis courts, a dog park, and a public boat ramp and dock. This is a rare opportunity to own a fully renovated, turnkey property on one of Florida’s most desirable islands—complete with short-term rental approval and beautiful furnishings included. Don’t miss your chance to own a piece of paradise!
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| May 2, 2025 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Apr 22, 2025 | Price Decreased |
$619,000
↓ $6K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017