70
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4022 S Ocean Boulevard
About This Property
First floor:office/bedroom,living room, dining room, kitchen, family room, laundry room and 2 half baths.
Second floor:primary bedroom suite, 2 additional bedrooms with ensuite baths, plus bonus room/bedroom
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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.
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2023 | Listed by Property One Realty LLC | $4,900,000 | |
| Listed by Property One Realty LLC | |||
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $3,750,000 | |
| Listed | |||
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This waterfront estate is located in Ocean Cove, a gated enclave of 22 estates in Highland Beach on 10.5 acres of nature preserve with a private marina. The 5 bed/5 bath home, with 6191 square feet of total living space, is offered turnkey furnished optional. The master and bath have water views, a balcony, and a walk-in closet. The custom kitchen has two islands and a breakfast bar, and the family room and living room both have fireplaces. In addition, there is a formal dining room, a full gym, an elevator and a generator. Exterior features include a waterfront heated pool and spa, patio with loggia, kitchen, ocean access, deeded deepwater boat slip, private dock with electric/water/lift and attached two-car garage. Many rooms expose spectacular views of the wide Intracoastal Waterway The manager has listed the unit size as 5001 square feet.
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About Ocean Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017