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20 OCEAN BOULEVARD
About This Property
Step inside to find beautiful hardwood flooring, a freshly painted interior, and a spacious layout perfect for both year-round living and relaxing coastal getaways. The eat-in kitchen features a stainless steel appliance package, plenty of cabinetry, and great space for gathering with family and friends. Just off the kitchen is a spacious laundry room complete with an abundance of cabinets and storage space for everyday convenience.
Upstairs, all four bedrooms feature brand new carpeting. The impressive primary suite offers high ceilings and a newly remodeled spa-like bathroom complete with double vanities, a soaking tub, and a walk-in shower designed for comfort and relaxation. Additional features include attic flooring for storage and a one-car garage.
The fully fenced backyard provides endless possibilities with tons of room for gardening, entertaining, or even adding a future pool. There is also a storage shed for all your outdoor needs.
Major improvements include a roof that is under one year old, forced hot air heating, central air conditioning, and low flood insurance currently only approximately $1,500 per year. Even better, the home did not sustain any damage from Superstorm Sandy, offering additional peace of mind.
Enjoy the best of Jersey Shore living just a short distance from the bay beach at the end of Radio Road, where you can relax by the water, launch a kayak, or enjoy breathtaking sunsets. Nearby marinas make boating easy, allowing you to cruise over to Atlantic City, Long Beach Island, and many waterfront restaurants where you can dock your boat and enjoy everything the shore lifestyle has to offer.
This exceptional home combines privacy, space, coastal charm, and a fantastic location all in one.
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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 14, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 7, 2026 | Listed by Keller Williams Realty - Atlantic Shore | $499,000 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017