25 Ocean Dr
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 |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2018 | Listed by Musto Global Real Estate | $479,900 | |
| Listed by Musto Global Real Estate | |||
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Scituate's best kept secret HUMAROCK BEACH.-located on miles of wide sand beach and adjacent to the South River. The ultimate location with stunning vistas and vacation at home lifestyle welcomes you to "The Paddle Inn" located at 25 Ocean Drive. Completely renovated in 2013 (like brand new) with the utmost care and high end expense. Enter into the warm and inviting open floor concept with dining area, kitchen and large great room featuring cathedral ceilings, recessed lighting, warm beachy colors and decor, Kitchen with custom cabinetry, stainless steel appliances, granite counter tops and decorative lighting . Lower level includes family room, additional bedroom and den. Keep cool in the summer with central air, Finished full walkout basement leads to nice backyard area complete with outdoor shower to rinse off after a day at the beach. Entertaining deck for your cookouts with all the company that wants to come visit.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017