15
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606 Paulina Road
About This Property
MOTIVATED SELLER
NO HOA! Old Florida Charm! This lovely home is in a wonderful neighborhood surrounded by waterfront homes. It will make you feel warm and comfortable from the moment you enter. Extra large family room makes it great for entertaining. This is a unique opportunity to own a home with abundant outdoor living space in an inviting tropical setting.
Walking distance to Dune Dog and Sawfish Bay Park. Just a short bike ride to the beach and Harbourside
2023 A/C, METAL ROOF
The vacant lot behind this house does NOT convey and is owned separately by another entity.
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Feb 5, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Price Decreased |
$659,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jan 29, 2026 | Relisted | $679,900 | |
| Relisted | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
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About Yacht Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017