437 OCEAN GROVE Circle
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 |
|---|---|---|---|
| Aug 3, 2017 | Sold | ||
| Sold | |||
| Jul 2, 2017 | Listed | $1,097,000 | |
| Listed | |||
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Oceanviews! Beautiful 4 Bedroom,4.5 Bath Home On A Street Of Old Florida Style Homes. Ocean Views From Second And Third Levels And The Tower Room. This Home Feat Windows From Floor To Ceiling To Let The Gorgeous Beach In. Chef's Kitchen,Open Floor Plan. Elevator To Take You From The 1st Up To The 3rd Level. Four Beach Walkovers Take You To One Of The Most Beautiful Beaches On The East Coast. Located In Sea Colony An Ocean Front Community With 24 Hour Guard Service. Steps Away From The Ocean.The manager has listed the unit size as 3674 square feet.
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| Jan 3, 2017 | Listed by WATSON REALTY CORP | $1,097,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 13, 2013 | Listed by WATSON REALTY CORP | $1,199,000 | |
| Listed by WATSON REALTY CORP | |||
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| Feb 1, 2012 | Listed by WATSON REALTY CORP | $1,090,000 | |
| Listed by WATSON REALTY CORP | |||
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Beautiful 4 bedroom, 4.5 bathroom on a street of Old Florida style homes. Ocean views from second and third levels and the tower room. This home features windows from floor to ceiling to let the gorgeous beach in. Chef's kitchen, open floor plan. Elevator to take you from the 1st up to the 3rd level. Four beach walkovers take you to one of the most beautiful beaches on the East Coast.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017