120 Ocean Boulevard
About This Property
Payment Calculator
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 |
|---|---|---|---|
| Sep 30, 2016 | Sold | ||
| Sold | |||
| Jul 19, 2016 | Listed by Gloria Nilson & Co. Real Estate | $2,450,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
|
This bespoke Seaside Colonial located high above Atlantic Highlands Harbor has panoramic views of the harbor, Sandy Hook and the Atlantic Ocean with the Manhattan skyline as the backdrop. The chic and eclectic décor gives evidence of sophisticated NY designers influence. The open floor concept with 9 & 10 ft ceilings encourages natural light to flood all three floors. The spectacular water views are available from all bedrooms and the numerous entertainment areas. The professionally landscaped property with the seaside architecture creates a charming shore ambiance that beautifully complements the seascape of Atlantic Highlands. Historic Atlantic Highlands is experiencing expanding culture elements, particularly in the arts, which is energizing the local restaurants and commerce community. A property such as 120 Ocean Blvd could be found in other metro areas, such as the north shore of Long Island, the Hamptons or waterside communities further south on the NJ Shore but, conveniently for commuting or weekenders, this heavenly spot is only a 45 minute trip from Manhattan by fast ferry. This is a rare and exceptional opportunity to reside in understated luxury with priceless views. 120 Ocean Blvd must be experienced!!!
| |||
| Jan 10, 2012 | Sold | ||
| Sold | |||
| Sep 17, 2011 | Listed by Resources Real Estate | $1,790,000 | |
| Listed by Resources Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017