29 Ocean Street
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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed | $1,575,000 | |
| Listed | |||
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Turnkey pristine home offers luxury and comfort in an ideal coastal neighborhood. This stunning 4-bed, 2.5-bath home is a gem nestled in the heart of Big Nahant, 1/2 block to the beach and tennis courts and ocean views throughout. Built in 2002, and a generous 3,042 sq ft, the open floor plan integrates a spacious living/dining area with an abundance of natural light, and a cozy fireplace perfect for entertaining. The expansive chef's kitchen, complete with double ovens, double sinks and a kitchen island caters to culinary adventures.The primary hosts an ensuite with soaking tub and walk-in closet, and 3 generous sized bedrooms and a 2nd fireplaced family room offer so many relaxing spaces. Sliders to a fenced, level yard with a patio and ocean views, make dining al fresco a must, and with .23 acres there is ample room for boat or kayaks.The property includes a 2-car garage, a huge walk-out basement, central AC, alarm and irrigation systems,this home is as practical as it is beautiful.
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| Jan 13, 2011 | Sold | ||
| Sold | |||
| Feb 2, 2010 | Listed by Nahant Associates, Inc. | $735,000 | |
| Listed by Nahant Associates, Inc. | |||
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Spacious,bright, open & inviting!! Meticulous 4 bedroom home offers custom granite & stainless kitchen w/ center island breakfast bar. Fabulous 21 X18 fireplaced family room w/ surround sound, expansive master bedroom suite w/ custom master bath & spa.Gracious living room w/ fireplace combines nicely w/ formal dining room. Seasonal ocean views abound from numerous rooms. Convenient 1st floor office.Full walk-out lower level suitable for finished space.Bluestone patio & yard. A/C. Boat storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017