363 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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Sagan Harborside Sotheby's International Realty | $7,250,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Welcome to "SKY-HIGH" on Marblehead Neck. This spectacular 7 bedroom, 4 full & 2 half bath mansion sits high above the sea on 1.44 acres of private grounds. From the moment you drive through the gated entrance you will be captivated by the panoramic ocean views & the mesmerizing sound of the waves crashing below on your private beach. This home was made for entertaining both indoors & outdoors. The expansive kitchen with oversized island, 2 refrigerators, 2 dishwashers, radiant heat floors, custom cabinetry, & dining area with breathtaking views of Castle Rock, Children’s Island & beyond. Savor your morning coffee watching the sunrise from your private balcony off the primary suite. Enjoy endless evenings by the fire pit in the courtyard with lush gardens & the captivating views & sounds of the surf. Nothing can compare to the magnificent ocean views from the mahogany porch. Come experience the lifestyle!
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| Feb 11, 2002 | Sold | ||
| Sold | |||
| Jul 27, 2001 | Listed by Sagan Harborside Sotheby's International Realty | $3,650,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017