124 Ocean Avenue
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 |
|---|---|---|---|
| Nov 1, 2019 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by Daunno Realty Services | $299,000 | |
| Listed by Daunno Realty Services | |||
| | |||
|
Completed updated 3 bedroom, 2 bath home situated on a large lot! Brand new eat-in-kitchen with plenty of room for a large table. Two new full bathrooms. New hardwood, tile and carpet floors throughout. New central air conditioning. Beautifully landscaped yard with lots of room. Two car detached garage. Great area for commuters with close access to the the parkway!
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| Jun 21, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | No longer available | - | |
| No longer available | |||
| May 6, 2019 | Listed by Tom Marco Real Estate | $177,500 | |
| Listed by Tom Marco Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017