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4036 S Ocean Boulevard
About This Property
THIS SPECTACULAR 4 BED 4.5 BATH DECORATOR FURNISHED DEVELOPER'S MODEL BACKS UP TO A 10.5-ACRE PRISTINE NATURE PRESERVE AND OFFERS ENDLESS UPGRADES INCLUDING DRAMATIC FOYER ENTRY WITH 20FT. VOLUME CEILINGS, WROUGHT IRON STAIRCASE, HURRICANE WINDOWS, EXTENSIVE TRIM AND MOLDING, ELEVATOR, 25KW GENERAC GENERATOR, FORMAL LR W/ FIREPLACE, SCREENED IN BALCONIES, CHEF'S DREAM KITCHEN WITH WOLF GAS COOKTOP, SUB-ZERO APPLIANCES, CUSTOM CABINETRY AND GRANITE COUNTER TOPS* THE SPACIOUS MASTER SUITE FEATURES HIS/HER STUNNING BATHS, HUGE CUSTOM WALK-IN CLOSETS, BUILT-IN DRAWERS, BREAKFAST BAR & BALCONY OVERLOOKING THE POOL. ALL GUEST BEDROOMS HAVE ENSUITE BATHS*
THE LUSH LANDSCAPING SURROUNDS THE SUMMER KITCHEN, OVERSIZED SCREENED IN LOGIA FOR DINING AND ENTERTAINMENT AND HEATED SOUTH FACING TROPICAL POOL WITH SPA. A PERFECT SPACE FOR OUTDOOR ENTERTAINING, DINING AND ALFRESCO.
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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 |
|---|---|---|---|
| May 21, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2019 | Listed by One Sotheby's International Realty | $1,999,999 | |
| Listed by One Sotheby's International Realty | |||
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About Ocean Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017