3626 S Ocean Boulevard
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 21, 2019 | No longer available | - | |
| No longer available | |||
| Aug 22, 2019 | Listed | $1,399,000 | |
| Listed | |||
| | |||
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Private enclave of only 17 single family homes nestled in gated community in luxurious Highland Beach. Perfect for year-round or part-time resident. Private Beach access steps away. Meticulously maintained and remodelled in 2013. Impact Glass, high-end kitchen appliances include Miele, Thermador, Liebherr refrigerator, induction cooking, wine cooler and custom Snaidero cabinetry. High ceilings, Italian flooring and upgraded lighting. Master suite is conveniently located on first floor and the second level includes two bedrooms with baths en-suite, a loft/sitting area and office niche. Property is fenced and features a covered patio for outdoor living. Front lawn & water is provided by HOA. Custom closets, 2-zone air, solid wood doors, custom window coverings. Community pool. The manager has listed the unit size as 2721 square feet.
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| Jul 26, 2017 | Sold | ||
| Sold | |||
| Sep 11, 2016 | Listed by RE/MAX Advantage Plus | $1,350,000 | |
| Listed by RE/MAX Advantage Plus | |||
| Feb 10, 2010 | Sold | ||
| Sold | |||
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About Ocean Grande Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017