1359 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%.
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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.
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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 1, 2020 | Sold | ||
| Sold | |||
| Apr 16, 2020 | Listed by Tate & Foss Sotheby's International Rlty | $990,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Dec 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2019 | Price Decreased |
$1,200,000
↓ $170K
(12.4%) | |
| Price Decreased | |||
| Jun 24, 2019 | Listed | $1,370,000 | |
| Listed | |||
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There is nothing quite as refreshing as the smell of fresh salt air. Combine that with breathtaking ocean views and you have an amazing location. Plan on enjoying your morning coffee from your waterfront porch and then an evening cocktail overlooking the magnificent Isles of Shoals from your expansive rooftop/widows walk deck? Or maybe just catching some afternoon sun on your large back deck.Maybe you would prefer simply enjoying a peaceful nap on the beach across the street or hunting crabs and star fish in its numerous salt water pools. You will have the best seat in the house for the Gosport Regatta and every other sailing event taking place out of Portsmouth racing associations. This home is conveniently located within 10 minutes of downtown Portsmouth and in close proximity to route 95. This 4 bedroom home, currently has a first floor apartment that can easily be opened up to provide additional living and bedroom space within the main house. Whether it's a 2 minute walk to Petey's famous restaurant and lounge or a scenic ten minute drive into historic Portsmouth, this location can't be beat. This is a must see opportunity for all who have dreamed about living on the ocean. The manager has listed the unit size as 4895 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017