41 Ocean Ave
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 |
|---|---|---|---|
| Oct 22, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by Coldwell Banker Residential Brokerage - Canton | $750,000 | |
| Listed by Coldwell Banker Residential Brokerage - Canton | |||
| Dec 4, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $775,000 | |
| Listed | |||
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This Ocean view single level home offers endless possibilities for it's new owner! Walking distance to town, shops, ferry and the beach. Featuring a three season sun porch, open living and dining room, galley style kitchen and a king size master bedroom. A one car garage is a rare find and a large yard for entertaining. This home also has rare potential for expansion. Call for your private tour! The manager has listed the unit size as 648 square feet.
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| Jun 29, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017