3001 N Ocean Drive
About This Property
Enjoy the beautiful tropical patio with its heated pool and spa. The kitchen has Stainless Steel GE Monogram appliances, granite counter tops, gas stove and upgraded cabinets. Roof was installed in 2009 and it has 2 zoned AC units one installed in 2016 and one in 2009. Please see document attached with some of the features of the home, too extensive to list or call Nancy for more info. Room sizes deemed to be correct but not verified. The 3D virtual tour allows you
to scroll around photos 360 degrees so
you see the entire viewing area.
Plus:
TV security camera, 2 hot water tanks, 1 just for MBR., Travertine tile on all 1st floor living areas, imported granite on floors in MBR, bth, vanities, shower
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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 |
|---|---|---|---|
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2020 | Listed by Illustrated Properties LLC (Co | $779,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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About Yacht Harbor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017