2160 Ocean Way
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Oct 30, 2025 | Listed by Compass | $4,950,000 | |
| Listed by Compass | |||
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|
Property sold off market. Gutted inside. Permits pulled. Entry for comps only.
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| Jul 16, 2025 | Price Decreased |
$4,989,000
↓ $471K
(8.6%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed | $5,460,000 | |
| Listed | |||
| | |||
|
Nestled in a picturesque coastal neighborhood on a quiet oceanfront street, this charming New England-style cottage enjoys a rare location just steps from the stunning shores of Moss Point Beach and Woods Cove Beach. Offering breathtaking panoramic views of the ocean and Catalina Island.
Surrounded by lush rose gardens, a welcoming stained-glass Dutch door, and meandering flagstone pathways, the residence exudes curb appeal. Inside, the four-bedroom home features wide-plank brushed French Oak floors on the first level and an open canvas so it can be tailored to your needs.
The current homeowner intended to move to this property and has purchase many of the fine finishes and appliances. Permits are in the final stages with the City. We have included some renderings and plans.
Designed for seamless indoor-outdoor living, the interior spans approximately 2,240 square feet and includes six sets of French doors leading to various outdoor spaces. A generous balcony provides the perfect vantage point for breathtaking sunsets, while the backyard oasis features a sparkling pool and secluded outdoor living. Additional highlights include central air conditioning, and a two-car garage.
Located near secluded beaches, top-tier dining, renowned art galleries, and upscale boutiques, this coastal retreat offers the perfect opportunity to blend relaxation and sophistication.
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| Jun 23, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017