260 Ocean Avenue
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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%.
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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.
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Milky Forst Properties Inc | $2,395,000 | |
| Listed by Milky Forst Properties Inc | |||
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step into this charming c/h col on 1/2 acre lot in desirable back lawrence neighborhood. an elegant staircase greets you in the foyer leading to a formal living room and dinning room, eat in kitchen provides space for casual dining, den with wood-burning fpl offers a cozy retreat, upstairs bdrms ensures comfort and privacy, outside an inviting in ground pool and spacious gardens awaits you
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Property Highlights
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About Five Towns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017