408 Ocean Avenue
About This Property
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 |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Sep 17, 2018 | Listed by Gloria Nilson & Co. Real Estate | $1,500,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
|
Spectacular river to ocean property nestled at the mouth of the Navesink and Shrewsbury Rivers. Better photos coming! Large L shaped lot offers riparian grant and deeded ocean lot offering ocean beach access and extra parking. This land offers the most amazing sunrises and sunsets. Build the waterfront home of your dreams on this exceptional waterfront lot. Survey available.
| |||
| Oct 28, 2014 | Sold | ||
| Sold | |||
| Aug 28, 2014 | Sold | ||
| Sold | |||
| Jun 19, 2014 | Listed by Gloria Nilson & Co. Real Estate | $799,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
|
True river to ocean lot. Survey available. L shaped property with 51 feet on river, bulk headed with riparian grant. Deeded ocean lot across street. lot size 143x281
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017