3240 Oceanic Drive
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 |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 17, 2018 | Listed by Keller Williams Atlantic Shore | $199,900 | |
| Listed by Keller Williams Atlantic Shore | |||
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This newer built, clean ranch has been rebuilt from the ground up in 2016. Fully compliant with FEMA rules and built above BFE. ADA compliant home, should have extremely low flood insurance rates. Kitchen offers corian counter tops, tasteful cabinets and ceramic flooring. All info was gathered from past owner listings who had it rebuilt. 3 bedrooms, 1.5 bath home located in a very nice neighborhood close to Seaside Heights boardwalk, Island Beach State park, and top schools! Sold AS IS, but do not let that stop you from making an appointment for a private showing....all buyer types are welcomed here.
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| Aug 14, 2018 | Listed | $214,900 | |
| Listed | |||
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This rebuilt from the ground up in 2016 fully compliant with FEMA rules and build above BFE. Flood insurance for previous owner was only $581.00. Brand new Kitchen with corian counter tops, tastefully designed cabinets and ceramic flooring. This home is located in a nice waterfront neighborhood. Home is in close proximity to Seaside Heights boardwalk and Ocean for all your summer fun. Priced to Sell!!!!! The manager has listed the unit size as 1120 square feet.
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| Sep 2, 2017 | Listed | $249,900 | |
| Listed | |||
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This pretty ranch has been rebuilt from the ground up in 2016! Fully compliant with FEMA rules and built above BFE. Flood insurance is only $581.00 yearly. Full ADA compliant home.Brand new kitchen boasts corian counter tops, tastefully designed cabinets, and ceramic flooring. 3 bedrooms, 1.5 bath home located in a very nice neighborhood close to Seaside Heights boardwalk, Island Beach State park, and our top schools! Simply a GEM of a home! Don't miss this one! Bring your fussiest buyers!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017