1008 Oceanfront
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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%.
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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, 2014 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $2,599,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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Price Reduction! Expertly renovated in 2006 by Cronk Duch Partners, the meticulous restoration of this 1930's Coastal Cottage Oceanfront home will not disappoint. 5 bdrm plus bunk rm, 6 full baths, antique heart pine flooring,ELEVATOR,tongue & groove ceilings, butler's pantry, large yard on ocean side, detached 2 car garage, large upstairs terrace and wonderful downstairs outside covered patio. This home offers breathtaking views of the Atlantic and provides casual elegance with high end finishes and fixtures. A must see!
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| Apr 1, 2011 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $2,450,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Dec 11, 2009 | Listed by WATSON REALTY CORP | $2,650,000 | |
| Listed by WATSON REALTY CORP | |||
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Rare find on ocean in N B. Completely rebuilt from ground floor up by Cronk Duch in 2007 keeping the 1934 charm, but w/every modern amenity. Pine flrs, elevator, gourmet kitchen, 4 BR suites w/private BA’s & bunk rm that sleeps 4 (not in BR count). Detached oversized 2 car garage, landscaped yard w/ white picket fenced oceanfront backyard. Large wraparound balcony. Ocean views from most rooms.
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| Feb 11, 2009 | Listed by WATSON REALTY CORP | $2,999,999 | |
| Listed by WATSON REALTY CORP | |||
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Rare find on ocean in N B. Completely rebuilt from ground floor up by Cronk Duch in 2007 keeping the 1934 charm, but w/every modern amenity. Pine flrs, elevator, gourmet kitchen, 4 BR suites w/private BA’s & bunk rm that sleeps 4 (not in BR count). Detached oversized 2 car garage, landscaped yard w/ white picket fenced oceanfront backyard. Large wraparound balcony. Ocean views from most rooms.
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| Oct 6, 2008 | Listed by WATSON REALTY CORP (Prop Mgmt) | $3,300,000 | |
| Listed by WATSON REALTY CORP (Prop Mgmt) | |||
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Rare find on the oceanfront in quiet Neptune Beach.Completely rebuilt from the ground floor up,this 1934 beauty features 4 complete master bedroom suits,with additonal bunk room that sleeps 4 not included in bedroom count. Pine floors,elevator,detached oversize two car garage, big lovely landscaped lot and oceanviews from most room and large wrap around deck.Extra guest baths on 1st & 2nd floors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017