207 Ocean St
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 25, 2024 | No longer available | - | |
| No longer available | |||
| Apr 23, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 26, 2024 | Price Decreased |
$649,900
↓ $29K
(4.3%) | |
| Price Decreased | |||
| Jan 29, 2024 | Listed by Success! Real Estate | $679,000 | |
| Listed by Success! Real Estate | |||
| | |||
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Views of the Ocean, 'The Brant Rock', and you can see Provincetown on most days from here! Watch the lobster boats and cargo ships go by all day long! I can usually see seals frolicking in the ocean, just a few feet away. Overlooking Brant Rock this home is in need of some fix up, and there are some initial plans in place for Rebuild, but the reward is there. Build out footprint of 30 X 50. Close to some of the finest beaches in the area, Town Pier, Brant Rock Stores, Shops and Restaurants.Condition of the home is not known.Seller has never lived there and makes no representations on conditions. Heat Pipes broken.
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| May 27, 2022 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017