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350 Ocean Oaks Drive
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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 4, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Compass Florida, LLC | $700,000 | |
| Listed by Compass Florida, LLC | |||
| Aug 10, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $549,000 | |
| Listed | |||
| | |||
|
***Motivated Seller***Recent price reduction!WELCOME HOME TO THE CLOISTERS!!An unbelievable opportunity to own in this exclusive gated and guarded community, The Cloisters is meticulously maintained and just steps from the beach. Your newly painted home offers an open split floor plan with 3 bedrooms/3baths, plus an office/den/4th bedroom, and a 3 car garage. You'll find 12' tray ceilings, a large master bedroom with sliders to the pool, his and her walk in closets, a master bath with agorgeous garden tub, separate vanity's, and a huge walk around shower. Your summer kitchen overlooks the private in-ground pool, surrounded by lush tropical landscaping. Indoor/outdoor security system, granite, built-in's...the list goes on! Don't wait, this one is going to go fast!Call Chris Carpenter for details!321-234-3888The manager has listed the unit size as 2596 square feet.
| |||
| Apr 15, 2017 | Listed by Compass Florida, LLC | $549,000 | |
| Listed by Compass Florida, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017