251 OCEANFOREST Drive N
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 24, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,200,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Oct 3, 2018 | Sold | ||
| Sold | |||
| Jul 7, 2018 | Listed by FLORIDA HOMES REALTY & MTG LLC | $569,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Beautiful beach home located in highly desirable Oceanwalk neighborhood The community pool is located across from the Oceanwalk private boardwalk to the beach. Outdoor shower located on the side of the house for your return from the beach. The house features hardwood floors throughout with berber carpet in the bedrooms & ceramic tile in the bathrooms. Back deck affords view of Hannah Park and is great for outdoor dining & entertaining. Side deck excellent for cooking out. Back deck has surround sound as well as interior of the house for those nights of entertainment. Home office located in the garage with Heat/AC. Fireplace in family room. S/S appliances, granite counter tops & island. Front end loading W/D inside laundry room & extra fridge in the garage Live the good life in Atlantic Bch Bch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017