3142 Ocean Road
About This Property
2013, New kitchen, heat, AC, Trex Deck as well as Timberline Roof, Siding Leaders and Gutters! Tile & carpet also new in 2013! Ocean & Bay views from 2nd and 3rd levels with additional outdoor space. Large Deck on lower level for entertaining and parking for 6 cars. Gourmet Kitchen with Center Island and plenty of cabinet space. Ceiling Fans throughout! Third level can work as a great home/office, game room or gym. The possibilities are endless! Make all of this space your own! Imagine sitting having your morning coffee enjoying the sunrise, or relaxing after a day on the beach with a cold drink! Cameras, Outdoor lighting with Remote, Storage, Outdoor Shower. Amenities galore make this house a must see. Impeccably maintained inside and out! Don't wait on this one to still be in by Summer!
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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 |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Mar 28, 2020 | Listed by Real Estate, LTD | $1,999,999 | |
| Listed by Real Estate, LTD | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017