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230 Rita Boulevard
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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, 2024 | Listed | $629,900 | |
| Listed | |||
| | |||
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RENTED UNTIL AUGUST 2026. Feel the ocean breeze with your own piece of paradise! This home is a must see if you value privacy and space together with a beautifully updated beachside home. The home features 2 bedrooms and 2 full baths in the main home and a completely separate cabana with a well-appointed kitchenette, additional full bathroom, and bedroom. Everything inside the home has been completely updated including the granite kitchen countertops and soft close cabinets, bathrooms, AC ductwork, plumbing, custom lighted trim work, and the wood/tile floors. Outside you will find luscious landscaping including mango and coconut trees surrounding the in-ground swimming pool and oversized screened patio. Additional features include commercial grade Bahama shutters, seamless metal roof, powered workshop and a shed. And don't forget... You're still just a short walk to the beach!
| |||
| Aug 17, 2022 | Sold | ||
| Sold | |||
| Jul 3, 2022 | Listed by Premium Properties Real Estate | $629,900 | |
| Listed by Premium Properties Real Estate | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
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About Ocean Edge Colony
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
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$2,200 /mo
- 2 Beds
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- 1,148 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017