10 Ocean Place
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 |
|---|---|---|---|
| Feb 14, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by The Corcoran Group | $13,995,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Go beyond your expectations as you arrive at 10 Ocean Place, Highland Beach, Florida a 24 hour secure gated oceanfront community of only eleven homes. Sited on the sparkling Atlantic ocean and providing an atmosphere of style and comfort the home features 11,611 TSF, 6 Bedrooms 8.3 Bathrooms and sets a new standard of luxury living. Fresh and clean in design the residence offers bright, airy and unrivalled panoramic view of the ocean. Ready for you to enjoy magnificent sunrise from your spacious patio.
| |||
| Apr 23, 2021 | Listed by RE/MAX Advantage Plus | $10,500,000 | |
| Listed by RE/MAX Advantage Plus | |||
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | No longer available | - | |
| No longer available | |||
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About Highland Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017