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Map
36B Ocean
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%.
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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 |
|---|---|---|---|
| Sep 29, 2016 | Sold | ||
| Sold | |||
| Jul 22, 2016 | Listed by Tate & Foss Sotheby's International Rlty | $925,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Dec 11, 2015 | Sold | ||
| Sold | |||
| Sep 23, 2015 | Listed by Paul McInnis LLC | $928,200 | |
| Listed by Paul McInnis LLC | |||
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Auction to Settle Estate October 31st @ 12:00. The listing price is merely the assessed value being used as a place holder to satisfy MLS requirements. The sale price will be determined at the live, on-site auction! 36B Ocean Boulevard is a charming home located in the historic Little Boar's Head district with commanding views of the Atlantic. Built in 1840, the home offers 2 bedrooms and 3 baths with 2,551+/- sq. ft. of living area and a 2 car garage situated on a .25 +/- acre lot. We have been commissioned by the Executor of the Janice Mellian Estate (Mrs. Harry Mellian) to sell this ocean view home and all furnishings for the benefit of a student scholarship fund established by the Mellians and administered by the New Hampshire Charitable Foundation. $25,000 deposit required to bid. Successful Bidder to increase their deposit to a total of 10% at the time and place of sale. Closing in 45 days. 10% Buyer's Premium. Sale contingent on approval by Rockingham County Probate Court.
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| Dec 23, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017