222 Ocean Street
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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Compass | $799,000 | |
| Listed by Compass | |||
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Welcome to 222 Ocean St – where coastal charm effortlessly blends with modern comfort. This captivating waterfront home boasts 2 BR, 2 BA, and 1,585 sf of living space. As you step inside, the bright hardwood floors seamlessly complement the open concept living area, while the kitchen features a stylish island and granite countertops, creating a welcoming space for culinary pursuits and entertaining. The back deck offers panoramic ocean views, providing the perfect retreat to unwind and revel in the coastal beauty. Upstairs, both bedrooms offer generous proportions and access to the exterior balcony, allowing you to bask in the ocean vistas and embrace the tranquility of coastal living. Additionally, the third-floor bonus space presents an adaptable area that can be personalized to your needs, whether it's a home office, a cozy reading nook, or a hobby room. Whether you're seeking a year-round residence or a seasonal escape, this waterfront haven eagerly awaits your personal touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017