313 Ocean Avenue
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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%.
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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.
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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Jason Mitchell Real Estate New Jersey | $2,375,000 | |
| Listed by Jason Mitchell Real Estate New Jersey | |||
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The ocean views you have been dreaming of can now be yours. Own a piece of heaven right here at the famous Jersey Shore! Come and experience the panoramic views of the sea, surf and sunsets from this Ocean Front Estate in Belmar, New Jersey. Perfect for the year-round lifestyle, as a second home retreat or as an ideal vacation rental investment opportunity. Enjoy playing host as you entertain on all 3 levels of this almost 6,000sq.ft multi-level home, plus the rare, full, ''Roof Top Deck,'' making it one of the most sought after indoor/outdoor features of all the beach front estates in town. Stand on your balcony and see miles and miles of endless ocean. Watch the waves roll upon the beach. Feel the ocean breeze on your face.... Yes, this is what paradise looks and feels like! This wonderful 5-bedroom, 4.5 bath home offers open concept living. Beautiful ocean view master bedroom with 4 additional generously sized bedrooms are just a few items on the long amenities list. 2 separate chefs kitchens allow for huge or intimate entertaining. 750 Bottle wine cellar, Beautiful custom bar, exercise room, home theater, roof top jacuzzi and tiki bar, full in-law suite and so much more! A three-car garage has ample space to keep extra water toys like, jet skis and surf boards within reach. Your biggest decision will be to lounge on one of your many decks or on the sandy beach which is just a stone's throw away. Come enjoy the sunset views of the Atlantic Ocean and the ever-changing scenery that Belmar has to offer. All this as well as the proximity to shops, eateries, and night life, plus, NYC is a short 1 hours' drive away. This is Jersey Shore living at its finest.
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| Nov 11, 2020 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Relisted | $2,499,000 | |
| Relisted | |||
| Nov 6, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017