232 Ocean Avenue
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 |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| May 1, 2018 | Listed by Sagan Harborside Sotheby's International Realty | $3,195,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Apr 7, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2013 | Listed by Sagan Harborside Sotheby's International Realty | $2,895,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Situated on Marblehead Neck, this classic shingle style residence showcases panoramic water views from each room with fine architectural details throughout. The mature private grounds can be enjoyed from the bluestone terrace, covered porch or either of the second floor decks. The view of the Boston skyline is spectacular with only the ocean, blue sky and Ram Island between you and the skyline. The private beach is great for swimming, kayaking, paddle boarding or just watching the sunset.
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| Nov 3, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017