140 Riptide Avenue
About This Property
Welcome to this beautifully updated 3- bedrooms, 2 bath home offering 1689 sq feet of comfortable living space, packed with style upgrades and modern amenities.
Interior Highlights:
2 refinished bathrooms featuring elegant white tile surrounds. luxurious master bath with double sinks and heated tile floors, Updated kitchen with tile flooring, butcher block counters, pantry, cooktop gas stove, stainless steel appliances, and a dishwasher.
Gorgeous 20 X 20 family room with vaulted ceiling, skylights, new ceiling fan, built in wall unit, and gleaming hardwood floors.
All new Anderson windows installed May 2023. New front and back doors, plus new LG stainless steel washer and dryer. Central air and natural gas heat Roof is 9 years old. HVAC is 10 years old. Outdoor Living is the best: Beautifully maintained yard with vinyl fencing. Spacious concrete patio perfect for entertaining. Swing set for family fun. Two sheds- one fully finished with electric baseboard heat- ideal as a home office or gym. Deck for relaxing evenings or morning coffee. This home combines comfort, style, and functionality- perfect for families,, remote workers, or anyone looking to move-in-ready charm. Don't miss this opportunity- schedule your showing today.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by RE/MAX at Barnegat Bay | $489,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Apr 18, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $235,000 | |
| Listed | |||
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You don't want to miss this spacious home in Ocean Acres! Bright and open living area with a gas fireplace and skylights. Glass sliding doors open to the large deck that is perfect for entertaining and overlooks the large fenced yard, plus a bonus second deck is off the eat-in kitchen. Plenty of space in the lengthy driveway to store a boat, and the shed provides room for additional storage. With a newer roof (2 years) and newer HVAC system (3 years), this is a home you can easily move into and make your own!
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Property Highlights
Building Info
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Status
Price/ft²
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About Ocean Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017