26 Ocean Ave
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 22, 2016 | Sold | ||
| Sold | |||
| Nov 8, 2016 | Listed by Stellar Real Estate LLC | $250,000 | |
| Listed by Stellar Real Estate LLC | |||
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Once in a lifetime opportunity! Own a piece of paradise. Waterfront cottage situated on a private island. Five minutes from mainland by boat. Off island parking and garage available. Smell the salty ocean air, feel the refreshing sea breeze, watch the ships sail by, 4th of July fireworks and the osprey nesting, all from your sunny waterfront deck. Search for shells on the sandy beach, enjoy swimming, shell fishing, kayaking and leisurely walks just outside your door. There is also a playground for the kids. Fully furnished also includes, motor boat for easy commute to island from mainland, 2 kayaks with paddles. Ready for the next lucky owner to begin building lots of wonderful summertime memories. Start today! Call for private viewing.
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| Jul 30, 2014 | Sold | ||
| Sold | |||
| Nov 17, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017