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502 TWENTY-FIRST Street
About This Property
This true turn-key opportunity comes fully furnished and professionally curated--ready to generate income from day one. Designed with both comfort and style in mind, the home features bright, open living spaces, coastal-inspired finishes, and a layout ideal for hosting guests and maximizing rental appeal.
Located just a short walk or bike ride to the beach, restaurants, and local hotspots, guests love the convenience and laid-back lifestyle that keeps bookings strong year-round. With Vilano Beach continuing to grow in popularity, this is a prime opportunity to secure a property in a high-demand rental market. Why this property stands out:
" Fully furnished + professionally designed - no setup needed
" Proven short-term rental appeal in a high-demand beach market
" Close proximity to Vilano Beach access, dining, and entertainment
" Ideal layout for maximizing occupancy and guest experience
" Low-maintenance, lock-and-leave ownership
Whether you're expanding your portfolio or searching for a coastal escape that pays for itself, 502 Twenty First delivers both lifestyle and return.
Own the beach lifestyle--and the income that comes with it.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017