39 OCEAN Street
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 9, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by BYOWNER.COM | $535,000 | |
| Listed by BYOWNER.COM | |||
| | |||
|
Only steps to ocean access. Listen to the waves & enjoy cool breezes from your North & South facing balconies. Watch the shrimp boats in the distance from your open concept kitchen/dining/living area. Crow's nest offers panoramic ocean view. Excellent vacation rental or in law suite potential. 2 Bedrooms, living area & full bath on 1st floor. Upstairs recently updated chef's kitchen w/solid wood cabinets, wine fridge, granite countertops, & SS appliances. Massive master suite w/walk in shower, his/hers California closets & doors to both balconies. 10' tall ceilings. New architectural shingle roof in 2018. Oversized garage. Large beautifully landscaped & fenced yard w/hot tub, garden shed, waterfall, pond, sprinkler system & outdoor shower. High quality polysteel construction.
| |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed by THE BEACH COTTAGES COMPANY | $569,000 | |
| Listed by THE BEACH COTTAGES COMPANY | |||
| Aug 23, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017