1332 N Ocean Boulevard
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 17, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by Linda A. Gary Real Estate | $12,950,000 | |
| Listed by Linda A. Gary Real Estate | |||
| | |||
|
113 x 210, shovel ready, 23,000 +/- sq. ft. vacant lot with direct ocean views plus an additional 50' wide parcel ocean side connecting to the beach. High elevation offers panoramic views for a 10,000+/- sq. ft. home.
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| Jun 5, 2019 | No longer available | - | |
| No longer available | |||
| Feb 22, 2019 | Price Decreased |
$14,250,000
↓ $750K
(5%) | |
| Price Decreased | |||
| Dec 5, 2018 | Listed | $15,000,000 | |
| Listed | |||
| | |||
|
Approx. 200' deep, shovel ready, 22,044 sq. ft. lot. High elevation giving panoramic views for a 10,000+/- sq. ft. home. Plus 50' wide ocean parcel. One of the last double lots available. Great opportunity!
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Property Highlights
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Price/ft²
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About Ocean Terrace
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Currently no similar homes aroundNearby Rentals
$9,000 /mo
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$7,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017