361 Ocean Avenue
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 |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| Mar 27, 2018 | Listed by J. Barrett & Company | $3,700,000 | |
| Listed by J. Barrett & Company | |||
| Dec 27, 2013 | Sold | ||
| Sold | |||
| Apr 23, 2013 | Listed by William Raveis R.E. & Home Services | $1,995,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Waterfront contemporary with an abundance of spectacular vistas. Professionally landscaped grounds encompass over 27500sqft of oceanfront property combining rolling hills & cliffs with a generous yard. Large master with attached full bath has private deck overlooking the ocean; fireplaced living room showcases panoramic views. Clean & modern architectural lines throughout, attached two car garage and dramatic stone steps leading down to the rocky shore make this a gem not to be missed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017