196 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 |
|---|---|---|---|
| Nov 9, 2012 | Sold | ||
| Sold | |||
| May 31, 2012 | Listed by T.A. Sullivan Agency Inc. | $549,900 | |
| Listed by T.A. Sullivan Agency Inc. | |||
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Very short walk to the ocean from this beautiful one on the golden mile of Seabrook Beach. First floor boasts 3 bedrooms with one bath. Master suite on second floor, includes a wet bar and large media room. Brazilian cherry floors, gas fireplace, custom tile, granite counter-tops and custom cherry cabinets in the spacious kitchen with built-in window seat. Full finished basement with legal 2BR apartment. Professionally landscaped fenced yard. A must see for this price!
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| Jan 30, 2012 | Listed by The Maureen Carey Group | $549,900 | |
| Listed by The Maureen Carey Group | |||
| Sep 30, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017