1104 Ocean Drive
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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 |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by RE/MAX Direct | $149,900 | |
| Listed by RE/MAX Direct | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 25, 2019 | Listed | $159,000 | |
| Listed | |||
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Updated ranch, ready to move in, active 55 + community, enjoy pool across the st, or other 2 pools, group exercises like aerobics, pool fitness, walking together, dancing, singing, bingo, bocce, ping pong, billiard, community market, wood shop, many clubs to fit your interest, Paid Recreation Lease, pet friendly all size dogs. The manager has listed the unit size as 1048 square feet.
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| Jan 5, 2019 | Listed | $165,000 | |
| Listed | |||
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This house is a gem! The kitchen has been updated with European cabinetry. Tile floor throughout, Very large living area and large dining room will fit your large dining table, sectional and 60'' TV! Two good size bedrooms. Across the street is the clubhouse with beautiful pool, shuffleboard and activity rooms. Currently rented for $1300/mo and lease expires 2/31/2019. GREAT FOR INVESTORS! The manager has listed the unit size as 1048 square feet.
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About Leisureville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017