3 Ocean Meadow Ln
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 |
|---|---|---|---|
| Jul 15, 2015 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by LAER Realty Partners | $157,000 | |
| Listed by LAER Realty Partners | |||
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A half acre of Private Beach on Marblehead Neck. Have your own private beach club. Salt air, endless swimming, a place to build sand castles or do some long overdue summer reading. Turn off your cell phone, sit back and listen to the crashing waves. A serene experience of timeless relaxation. Enjoy uncontested sunsets and views of the Boston skyline off in the distance. A place to retrieve the peace we all crave and deserve. Only 35 minutes north of Boston. Your own beach to enjoy with family and friends. Not a buildable lot.
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| Jul 24, 2010 | Listed by Landmark Properties | $1,475,000 | |
| Listed by Landmark Properties | |||
| Sep 27, 2001 | Sold | ||
| Sold | |||
| May 18, 2001 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017