1972 Ocean Ridge Circle
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 |
|---|---|---|---|
| May 12, 2025 | No longer available | - | |
| No longer available | |||
| Nov 8, 2023 | Listed by Alex MacWilliam, Inc. | $2,950,000 | |
| Listed by Alex MacWilliam, Inc. | |||
| Oct 4, 2023 | No longer available | - | |
| No longer available | |||
| Sep 5, 2023 | No longer available | - | |
| No longer available | |||
| Apr 1, 2023 | Listed by Exp Realty LLC | $3,150,000 | |
| Listed by Exp Realty LLC | |||
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.66-acre direct oceanfront lot that boasts over 100 feet of ocean frontage with Seawall. Build new to enjoy panoramic views of the Atlantic Ocean. Situated in a peaceful and secluded area, yet close enough to all the amenities and attractions that Vero Beach has to offer, including world-class golf courses, restaurants, and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017