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2712 W Oceanfront
About This Property
The kitchen is equipped with Miele appliances, Crema Marfil marble countertops, wine refrigeration, and a walk-in pantry. The upstairs primary suite includes vaulted ceilings, shoreline views, a private terrace, and a spa-style bath with steam shower, soaking tub, dual vanities, and walk-in closet.
Two additional guest bedrooms offer vaulted ceilings and hardwood flooring, with one currently configured as a home office with custom built-ins. Additional features include a security system, motorized awnings, custom window treatments, outdoor beach shower, whole-house water system, landscaped patios, and an epoxy-finished two-car garage.
Located with direct beach access near the dining, shopping, and entertainment of Newport Peninsula
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$7,200,000
↓ $400K
(5.3%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$7,600,000
↓ $250K
(3.2%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by Integrated Realty Group, Inc. | $7,850,000 | |
| Listed by Integrated Realty Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017