4205 S Ocean Boulevard
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 25, 2019 | No longer available | - | |
| No longer available | |||
| Feb 8, 2019 | Listed | $17,950,000 | |
| Listed | |||
| | |||
|
This modern masterpiece was artfully designed and skillfully built by JAG DESIGN and DEVELOPMENT.Situated high above the dune with an elevation of 22 feet, this newly built home enjoys majestic ocean views from a commanding vantage point.Interior features include five spacious Bedrooms, 6 full and 2 half bathrooms. 11,126 square feet under air, and 16,026 total square feet. All Bedrooms are ''en suite'' with spacious Bathrooms,large walk in closets, and ocean front balconies.The dramatic open floor plan features volume ceilings, a dramatic floating staircase, and outstanding ocean views thru window walls of glass.The contemporary Chef's Kitchen features an enormous ocean front breakfast room, and top of the line appliances. The manager has listed the unit size as 11126 square feet.
| |||
| Dec 10, 2014 | Sold | ||
| Sold | |||
| Mar 26, 2014 | Sold | ||
| Sold | |||
| Feb 23, 2011 | Listed by Ocean Estate Properties LLC | $4,295,000 | |
| Listed by Ocean Estate Properties LLC | |||
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About Highland Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017