321 Ocean Ave
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 |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Sagan Harborside Sotheby's International Realty | $4,480,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by William Raveis R.E. & Home Services | $2,995,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This magnificent Marblehead Neck oceanfront residence offers an outstanding balance of seaside livability, private brick terraces, coastline rose gardens & expansive manicured grounds. Brilliant ocean & island views along with breathtaking surf action present an "intimacy with the sea". Private gate allows direct passage to lounging rocks & water/beach access. Approached via handsome masonry garden walkways, the four plus en suite bedrooms, six bath residence built in 1920 has been magnificently restored & features new state-of-the-art systems while maintaining original architectural detail throughout. Spacious Chef's kitchen enjoys dramatic views, radiant flooring, Viking, Subzero & walk-in pantry. Inviting dining & living rooms offer period detail, fireplaces & a wonderfully open floor plan. Commanding views from all rooms & levels. Luxurious waterfront master bedroom suite includes 2 large walk-in closets, custom marble bath & endless views. Central A/C & attached 2 car garage.
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| Jun 29, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017