42 Ocean St
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 4, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by Keller Williams Elite | $1,100,000 | |
| Listed by Keller Williams Elite | |||
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OCEAN FRONT property on the highly desired "high road” in Brant Rock. Wake up to the sunrise & stunning views of the Atlantic Ocean. Enjoy coffee on the large deck or wrap-around porch while soaking in the ocean views. Along with views and sunrises, this home has an updated kitchen, new SS appliances and an easy flow into the open concept living/dining area. Sliders allow easy access to outdoor space w/large deck, patio and yard. Perfect venue for gatherings. The master bdrm has an oversized window welcoming lots of natural light. Two more bdrms w/elevated ceilings, laundry area & full bath complete the 2nd level. The separate Guest House/Additional Dwelling Unit is perfect for wknd, weekly and/or year-round "guests" or additional $$ income. All the major work has been done for you. NEW in 2019: roof, windows, on demand heat/hot water, counters, appliances and new flooring in Master bdrm & 1st floor of guest house. Say hello to a "slice of heaven".
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| Oct 19, 2018 | Sold | ||
| Sold | |||
| Mar 20, 2018 | Listed by Keller Williams Elite | $560,000 | |
| Listed by Keller Williams Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017