391 OCEAN FOREST Drive
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 |
|---|---|---|---|
| Mar 5, 2015 | Sold | ||
| Sold | |||
| Jun 27, 2014 | Listed by COLDWELL BANKER VANGUARD REALTY | $599,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Mar 15, 2014 | Listed by COLDWELL BANKER VANGUARD REALTY | $649,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Dec 11, 2013 | Listed by FLORIDA HOMES REALTY & MTG LLC | $684,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Enjoy living at the beach in this gated community with clubhouse, and pool,near restaurants, shops, pier and more. Two story home with four bedrooms, 4 baths, & decks. This community has large shady oak trees and winding roads and can walk to beach.Great Room & kitchen upstairs open up to the spacious porch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017