2811 Ocean Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 13, 2022 | No longer available | - | |
| No longer available | |||
| Feb 17, 2021 | In contract | - | |
| In contract | |||
| Nov 16, 2020 | Listed by Surterre Properties Inc. | $8,500,000 | |
| Listed by Surterre Properties Inc. | |||
| | |||
|
Spectacular Ocean and Bay Views CDM- Contemporary California Beach House designed by renowned Brandon Architects. Interior design and finishes by Blackband Designs. Perched on an elevated lot offering breathtaking panoramic Catalina ocean and bay views, this smart home features a spacious and open floorplan full of natural light that flows in from the Pacific Ocean through the multiple courtyards, patios and decks into the entire house. The great room will blow your mind offering sit-down ocean views from the living room, dining room and chef’s kitchen which has a prep kitchen and large walk-in pantry. Elevator goes to all levels including the rooftop California Room an entertainer’s dream with outdoor kitchen- built-in BBQ, two tap handle kegerator, outdoor dining area and hot tub, all with 180-degree panoramic ocean and bay views. Master suite is the retreat that everyone dreams of with awe-inspiring sit-down ocean views w resort style master bathroom and huge walk-in closet Situated on an elevated oversized 5760 square foot lot which is 40% larger than a standard CDM Lot This property is one house off “front row” but offers front row “forever views”- the homes that will be built in front are restricted to single levels. Full size 3 car side-by-side garage, covered carport and additional parking space total 5 car parking Expect the highest quality decorator finishes, artisan tile work and state of the art lighting and fixtures Completion of construction October 2021 The manager has listed the unit size as 4500 square feet.
| |||
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Apr 16, 2019 | Listed by Compass | $4,000,000 | |
| Listed by Compass | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017