7
Map
1610 Ocean Drive
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 |
|---|---|---|---|
| Jun 17, 2026 | Listed by Black Maverick Associates | $375,000 | |
| Listed by Black Maverick Associates | |||
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Oct 30, 2024 | Listed by CENTURY 21 Judge Fite Co. | $360,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Charming 3-bedroom, 2-bath home located in the Mansfield Independent School District (ISD). This property features a spacious open floor plan with granite countertops and a kitchen island. It has new flooring and fresh paint throughout the house, along with several updates, including a newer air conditioning unit, a new water heater, epoxy-coated garage floors, upgraded attic insulation, new light fixtures, and renovated bathrooms. The seller has meticulously cared for this home, making it ready for new owners. The property includes a backyard and is situated in a pleasant neighborhood close to Mansfield schools, shopping, and highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017