11 Ocean Ave
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by South Shore Sotheby's International Realty | $515,000 | |
| Listed by South Shore Sotheby's International Realty | |||
| | |||
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Lakefront Paradise! Come see this adorable home, move-in ready on side street location, super convenient to shopping & train & sitting directly on fully recreational Monponsett Pond with water access! Just updated with needed exterior repairs to home front and rear, all new Monogram vinyl siding w/insulation - seamless front and rear - plus new Harvey windows 2nd floor rear which also increase water views, new pink insulation both front and rear, new exterior lighting, new and improved landscaping, and new oil tank. Other recent updates include soft-close cabinets, granite counters and stainless appliances. The open living/dining/kitchen space leads directly through sliders to your large 18x18 deck offering breathtaking views and gorgeous sunsets. If you like to fish or just get out on the water, then launch a boat from your own property. Be in by July and start enjoying those cool summer breezes and that unique serenity to be found here. We welcome your visit!
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| Apr 11, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017