353 Ocean Crest 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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Apr 25, 2022 | Listed by TAKE ACTION PROPERTIES, LLC | $2,600,000 | |
| Listed by TAKE ACTION PROPERTIES, LLC | |||
| Sep 24, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $1,400,000 | |
| Listed | |||
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Newly renovated and beautifully appointed Ocean view home in the luxurious gated community of Hammock Beach. This 4 bedroom 3.5 bath home must be seen to be truly appreciated. From the front of the home you will enjoy the breeze of the Atlantic Ocean and sunrises. The East of the home is surrounded by the Jack Nicklaus signature ocean course, lake views and unbelievable sunsets. Ocean Crest is one of the most desirable locations, within walking distance to the Club At Hammock Beach and the Ocean walk over. Home features elevator, theatre room, solid wood staircase, three newly renovated outside lanai decks with tile, 10 inch baseboards throughout home, and so much more. For a full list of upgrades, view the features list in the documents section. Be sure to view the 3D virtual tour and call to schedule your personal tour of this exquisite home. Procrastination is no destination, live your dream today! The manager has listed the unit size as 4469 square feet.
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| Feb 6, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017