162 Ocean Drive
About This Property
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Cap Rate Calculator
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 12, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by Nada Homes | $389,700 | |
| Listed by Nada Homes | |||
| Jun 11, 2020 | Sold | ||
| Sold | |||
| May 21, 2020 | Listed by McAtee Realty Of Gun Barrel TX | $265,000 | |
| Listed by McAtee Realty Of Gun Barrel TX | |||
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MLS #: 91310. GB-8494. CUTE AND AFFORDABLE OPEN WATER LAKE HOME. DOWNSTAIRS OFFERS OPEN LIVING DINING CONCEPT WITH EATING BAR, WBFP AND BATHROOM. UPSTAIRS OFFERS A LARGE BEDROOM THAT COULD EASILY BE CONVERTED TO 2 BEDROOMS AND 1 BATHROOM. DETACHED GARAGE ADDED IN 1998 WITH UTILITY ROOM. COVERED WATERSIDE DECK GIVES YOU PLENTY OF ROOM TO ENTERTAIN. 3 SLIP BOATHOUSE WITH PARTY DECK SHARED WITH NEIGHBORS, EACH HAVING THEIR OWN SLIP. LUSH BACKYARD. THE PERFECT WEEKEND SET UP, READY TO ENJOY.
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| Dec 26, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017