
21
Map


301-309 Ocean Avenue #302
About This Property
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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 |
---|---|---|---|
Sep 24, 2024 | No longer available | - | |
No longer available | |||
Aug 24, 2024 | In contract | - | |
In contract | |||
Aug 7, 2024 | Relisted | $295,000 | |
Relisted | |||
Aug 6, 2024 | No longer available | - | |
No longer available | |||
Aug 6, 2024 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/04/2024
|
1 Bed
|
1 Bath
|
-
|
$325,000
1 Bed
1 Bath
|
-
-
|
-
|
GERALD HILL
HOMESTARR REALTY
| |
08/14/2024
|
1 Bed
|
1 Bath
|
-
|
$320,000
1 Bed
1 Bath
|
-
-
|
-
|
GERALD HILL
HOMESTARR REALTY
| |
04/22/2024
|
1 Bed
|
1 Bath
|
-
|
$319,900
1 Bed
1 Bath
|
-
-
|
-
|
FRANCIS JANNOTTA
WEICHERT REALTORS COASTAL
| |
04/12/2024
|
1 Bed
|
1 Bath
|
-
|
$300,000
1 Bed
1 Bath
|
-
-
|
-
|
CAROLINE SUZANNE KELL
EXP Realty, LLC
| |
01/22/2024
|
1 Bed
|
1 Bath
|
-
|
$319,000
1 Bed
1 Bath
|
-
-
|
-
|
Daniel J Higman
Coastal Elite Realty
| |
06/01/2023
|
1 Bed
|
1 Bath
|
-
|
$279,000
1 Bed
1 Bath
|
-
-
|
-
|
Daniel J Higman
Coastal Elite Realty
| |
05/09/2023
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
-
-
|
-
|
Daniel J Higman
Coastal Elite Realty
| |
04/14/2023
|
1 Bed
|
1 Bath
|
-
|
$289,000
1 Bed
1 Bath
|
-
-
|
-
|
Daniel J Higman
Coastal Elite Realty
| |
04/14/2023
|
1 Bed
|
1 Bath
|
-
|
$289,000
1 Bed
1 Bath
|
-
-
|
-
|
Daniel J Higman
Coastal Elite Realty
|
Building Info
