2020 Ocean Shore 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 |
|---|---|---|---|
| Jul 19, 2023 | No longer available | - | |
| No longer available | |||
| Jan 21, 2023 | Listed by Realty Pros Assured | $1,895,000 | |
| Listed by Realty Pros Assured | |||
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This listing is for both Ocean View Lots 2020 Ocean Shore Blvd. and the adjacent 2026 Ocean Shore Blvd. These lots both have littoral rights on the East side of A1A as well. This is an amazing location with it being a corner lot that also has access from Ocean Crest Drive on the back side of the properties. County Zoned R-8 Multifamily standard, townhomes etc. This is a great opportunity for development.
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| Dec 1, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | No longer available | - | |
| No longer available | |||
| Feb 3, 2021 | Listed by RE/MAX SIGNATURE | $750,000 | |
| Listed by RE/MAX SIGNATURE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017