6
Map
20 E Ocean Avenue
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 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Price Decreased |
$5,288,000
↓ $200K
(3.6%) | |
| Price Decreased | |||
| Dec 22, 2023 | Listed | $5,488,000 | |
| Listed | |||
| | |||
|
Presenting a rare opportunity to own a gorgeous, newly built, state-of-the-art oceanside home in Ocean Ridge. This is the first delivery of two incredible newly constructed homes of The Reserve at Ocean Ridge. Just steps from the beach. This exquisite custom home boasts 4 bedrooms, 4 full and 2 half baths with a 1 & 2 car garage. Soaring 13 ft ceilings, floor to ceiling impact glass windows leading from the grand foyer to a luxe club room then out to a beautiful outdoor pool. A gorgeous open chef's kitchen flows into the great room, then to the oversized covered loggia encompassing a 733ft summer kitchen and gas fireplace. The home features a grandiose master suite with an oversized master bath & his and hers walk in closets. This unique ocean-side property will not last!
| |||
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by Serhant | $4,300,000 | |
| Listed by Serhant | |||
Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Boynton Beach Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
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- 2,476 ft²
$5,500 /mo
- 2 Beds
- 2 Baths
- 1,030 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017