00 S Ocean Boulevard
About This Property
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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 |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Jan 29, 2019 | Listed by Douglas Elliman | $2,650,000 | |
| Listed by Douglas Elliman | |||
| | |||
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Spectacular intracoastal vacant lot in Highland Beach featuring 90 ft of frontage. Per the guidelines, this lot allows for a house with a total of 9,636 sq/ft under air. Survey available upon request. Well maintained seawall with batter piles and cap. Highland Beach is located between Boca Raton and Delray Beach on the barrier island. Zoning is RS.
| |||
| Feb 15, 2013 | Sold | ||
| Sold | |||
| Jul 9, 2012 | Listed by The Corcoran Group | $849,000 | |
| Listed by The Corcoran Group | |||
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About Ocean Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017