362 Ocean Crest DRIVE
About This Property
Impressive Laundry & Storage Spaces. The home is designed with convenience in mind, featuring a laundry feature on each of the three floors, including a luxurious space with marble floors and countertops on the first level. Your journey begins in the grand foyer, where the custom lighting and expansive stairwell set the tone for the sophisticated style and attention to detail throughout this breathtaking home. Don't miss out on the opportunity to own this slice of paradise, where the beauty of the ocean and the allure of world class golfing are yours to enjoy every day.
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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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by REALTY EXCHANGE COMMERCIAL RESIDENTIAL BROKERAGE | $4,200,000 | |
| Listed by REALTY EXCHANGE COMMERCIAL RESIDENTIAL BROKERAGE | |||
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Apr 3, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017