1085 Old Ocean Boulevard
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Ocean to Lakes Realty | $1,100,000 | |
| Listed by Ocean to Lakes Realty | |||
| | |||
|
Imagine owning a piece of paradise with the ocean and wide sandy beach across the street. Own this home and paradise is yours! Wallis Sands Beach in Rye is a safe beach to swim or paddle board or enjoy a boat ride. And the views are breathtaking. Homes in this neighborhood are selling in the $4-$5 million and up range. So this investment can only appreciate. After a day at the beach you can clean off the sand at the outside shower then enjoy your new backyard deck with a glass of wine. This home is special and has a newly renovated first floor with a bathroom and washer and dryer too. The two bedrooms on the second floor have views of their own, one of the ocean. Expansion possibilities exist upstairs if you wish. Or, leave the rooms as they are and move right in. The owner may even be willing to leave some of the furniture. Lots of possibilities with this home that also include a grassed side yard for playing horseshoes or cornhole and a cozy front porch too. The fun you can have here is endless. 5 minutes away from downtown Portsmouth and shopping plus a multitude of fine restaurants. Access to I-95 is nearby. Don't miss this once in a lifetime opportunity. Open House Saturday May 27 from 11am - 2pm.
| |||
| Mar 14, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2022 | Listed by Samonas Realty, LLC | $1,200,000 | |
| Listed by Samonas Realty, LLC | |||
| Jan 8, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017