357 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 |
|---|---|---|---|
| Apr 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 21, 2023 | Price Decreased |
$449,000
↓ $90K
(16.7%) | |
| Price Decreased | |||
| Mar 10, 2023 | Listed by Nelson & Selwitz Assoc Mngmt Inc dba Southern States Realty Services | $539,000 | |
| Listed by Nelson & Selwitz Assoc Mngmt Inc dba Southern States Realty Services | |||
| | |||
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One of the last few lots available on the sought after Ocean Crest Drive. Gorgeous and exquisite lake and golf course green view. Partial ocean view. Beach access and Hammock Beach Resort Amenities just steps away!
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| Sep 22, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by TRADEMARK REALTY GROUP OF PALM COAST, LLC | $374,900 | |
| Listed by TRADEMARK REALTY GROUP OF PALM COAST, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017