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205 Ocean Blvd
About This Property
elegant living space and a spacious two-car garage. Set on a 30,200 square-foot lot with 100 feet of direct Atlantic Ocean frontage, the property provides unmatched privacy and breathtaking views. With private beach access, this rare gem includes a backyard that serves as an outdoor oasis, ideal for entertaining and relaxation. It features a covered open-air summer kitchen, an oversized pool, and a full bathroom. Enjoy the charm of historical accents combined with the luxury of waterfront living, along with access to exclusive tennis courts and a playground.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017