48 SURFER Lane
About This Property
The Carriage House is accessible via the second floor of the Main House or by the ground floor staircase, making it a great option to rent independently of the Main House a€" your choice! The Carriage house features a full size kitchen, Granite island with room for 4 bar stools, living area, bed area, private balcony, and Cypress floors.
The full size Garage fits 2 vehicles and has high ceilings for storage. Including the Garage, the house has room to park 4-5 vehicles on site. Additional on-street community parking is just steps away. An enclosed outside shower, with hot & cold water, sits between the Garage and Main House.
The exterior features stucco on the first floor and Hardi-plank on the second and third floors. All windows and exterior doors are aluminum clad wood hurricane / impact rated by Jeld-Wen.
The entire interior of the home was re-painted in May 2016, including walls, ceilings, and doors. The exterior was re-painted within the last 3 years.
The Rental potential for this home can be configured to meet your family's needs, or your investment desires. Rent the Main House and Carriage, or keep one just for you and your family to enjoy. Please see projections in the Document section.
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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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 10, 2022 | Price Decreased |
$2,245,000
↓ $50K
(2.2%) | |
| Price Decreased | |||
| May 27, 2022 | Listed by 850 Properties - Santa Rosa Beach | $2,295,000 | |
| Listed by 850 Properties - Santa Rosa Beach | |||
| Dec 12, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017