2991 N Ocean Shore
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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.
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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 29, 2018 | Sold | ||
| Sold | |||
| Mar 8, 2018 | Listed by Platinum Luxury Auctions | $1,899,000 | |
| Listed by Platinum Luxury Auctions | |||
| Jul 29, 2017 | Listed | $1,899,000 | |
| Listed | |||
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Oceanfront beauty! Built in 2008, this 6bd/6.5 ba home is located on 100 ft. on the ocean and offers features and upgrades that you won't find elsewhere. From the well-engineered piling system to the hurricane doors and windows with extra strapping, the quality of construction doesn't get much better than this. There is a red metal roof and 60 ft decks to take in the beautiful ocean views.On the interior, there is an elevator that takes you to the 3rd floor which has the master bedroom suite and main living area with a gourmet kitchen to impress any chef. From the island with gas cooktop, 2 ovens, trash compactor, walk-in pantry, a spacious bar for hosting the best of parties and entertainment. The 2nd floor has 4 bedroom suites, a living room, and kitchenette for the guest and the first floor offers a large living area, additional bedroom, 2 car garage and a wine room to boot! The manager has listed the unit size as 5363 square feet.
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| Jun 29, 2017 | Listed by Platinum Luxury Auctions | $1,899,000 | |
| Listed by Platinum Luxury Auctions | |||
| Mar 2, 2017 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,899,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
|
Oceanfront beauty! Built in 2008, this 6bd/6.5 ba home is located on 100 ft. on the ocean and offers features and upgrades that you won’t find elsewhere. From the well-engineered piling system to the hurricane doors and windows with extra strapping, the quality of construction doesn’t get much better than this. There is a red metal roof and 60 ft decks to take in the beautiful ocean views.
On the interior, there is an elevator that takes you to the 3rd floor which has the master bedroom suite and main living area with a gourmet kitchen to impress any chef. From the island with gas cooktop, 2 ovens, trash compactor, walk-in pantry, a spacious bar for hosting the best of parties and entertainment. The 2nd floor has 4 bedroom suites, a living room, and kitchenette for the guest and the first floor offers a large living area, additional bedroom, 2 car garage and a wine room to boot!
Additional features include custom lighting, Australian cypress flooring throughout, 2 tankless water heaters, whole house water filtration system, central vac, Bose sound system, all handicap accessible, and all A/C's recently replaced in 2014. Furniture and décor available separately.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017