606 W 3rd Street
About This Property
As soon as you walk in the front door you enter an open concept kitchen, living room and dining area.
The kitchen is completed with marble countertops, a large island, stainless steel appliances and a large walk-in pantry. From the living room you will notice French doors that lead into the bonus room that can be used as a second living area, office, or even a 5th bedroom. Enjoy the view of the backyard and pool from a private screened in porch located off the primary bedroom.
Located only a few blocks from the Marina, Carrabelle River and downtown this would be a perfect opportunity for your own personal residence or a short term vacation rental!
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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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Price Decreased |
$309,000
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Mar 6, 2025 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Feb 23, 2025 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017