313 Ocean Avenue
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 |
|---|---|---|---|
| Sep 2, 2016 | Sold | ||
| Sold | |||
| May 26, 2015 | Listed by RE/MAX 360 | $3,450,000 | |
| Listed by RE/MAX 360 | |||
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Breathtaking Ocean Views! This Gorgeous Waterfront estate located along the Prestigious Marblehead Neck, Offers Modern Contemporary Style with Beautiful Interior Architecture. Open concept living room provides sweeping ocean views and elegance throughout. The sun filled, renovated kitchen with lovely detail steps out onto an expansive oceanfront deck, perfect for entertaining. Spacious Master Suite with PANORAMIC OCEAN VIEWS, His and Hers walk in closets and large beautiful bath. Nicely tucked away from the street, this home provides great privacy along with beautiful manicured gardens, large 3-car garage and ample guest parking. Approximately 35 minutes to Boston Logan International Airport.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017