1481 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 |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Olde Port Properties | $850,000 | |
| Listed by Olde Port Properties | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Listed | $1,150,000 | |
| Listed | |||
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Rare Offering On Rye, New Hampshire Seacoast - Among The Most Desirable Locations In The Mid-Coast Region Of New England. Traditional Three Bedroom Cape Cod Style Beach House With Nicely Proportioned Floorplan Located Across From Foss Beach Offering Panoramic Views Of The Coast Of Maine, Isles Of Shoals And Cape Ann, Massachusetts. Ample Porches And Outdoor Living Area And Steps From Acclaimed Foss Beach And Short Walk Or Drive To Rye Harbor, Wallis Sands State Beach, Odiorne Point And Other Rye Attractions Including Beach Clubs, Golf And Country Clubs, City Of Portsmouth And The Maine Coast. Close Proximity To Major Commuting Routes And Transportation Services To Nearby Boston Massachusetts And Portland Maine. Welcome To Rye And The Seacoast Of New Hampshire. The manager has listed the unit size as 1440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017