42 Ocean Boulevard
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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by RE/MAX at Barnegat Bay | $359,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Mar 2, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Better Homes and Gardens Real Estate Murphy & Co | $239,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co | |||
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Osborn Island desirable location across from bayfront homes. Mariner model ranch on crawlspace with rear screened in porch. If you're looking for location and ultimate privacy this home backs up to trees of the old golf course which is presently owned by Ocean County as designated open space. Two full baths- hardwood floors, eat in kitchen and laundry/furnace room. Gas forced air heat and central air. Very nice size fenced rear yard. This home being sold in as is condition. Needs some tender love and care.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017