38 Ocean Dr
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 |
|---|---|---|---|
| Oct 8, 2020 | Sold | ||
| Sold | |||
| Jul 28, 2020 | Listed by RE/MAX Spectrum | $625,000 | |
| Listed by RE/MAX Spectrum | |||
| Jul 13, 2017 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| May 5, 2014 | Listed by Kinlin Grover Compass | $314,000 | |
| Listed by Kinlin Grover Compass | |||
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Less than 0.2 miles to beautiful Haigis Beach from this 3 bedroom 1.5 bath colonial! Enjoy hardwood floors throughout, a fireplaced living room, large family room off the kitchen with another fireplace and a great backyard for entertaining! Strong rental history. Conveniently located with a short distance to Chapins Beach Bar, Sundae School Ice Cream and so much more! Buyers and Buyers agents to confirm all information contained herein.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017