233 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 30, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 26, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Dec 25, 2024 | Listed by RE/MAX Partners | $599,000 | |
| Listed by RE/MAX Partners | |||
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Another day in Paradise. Here is where you get inspired by the breathtaking views of the Atlantic Ocean while also enjoying the convenience of being situated in the heart of Brant Rock. With everything from restaurants, nightlife spots, markets, bars, to beaches just seconds away. This home can be your own paradise or excellent income producing property, to a long term tenant or as an AirBnB. This beautiful beach house has been meticulously maintained. Features include: New kitchen sink, faucet, counter top, lights and ceiling. New bathroom remodel downstairs, and new shiplap walls throughout. This home was raised on to concrete pile foundation in 2003. Baseboard heat is in the process of being added to rooms on the upper level. Brant-rock Esplanade new improvements include a new raised seawall and new storm drainage. In the process of installing new sidewalks, walkways and landscaping. Owner pays low flood insurance approx $520 per year, and policy is assumable before closing.
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| Aug 31, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017