45 Ocean Dr
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, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Listed by Chatelain Real Estate | $499,900 | |
| Listed by Chatelain Real Estate | |||
| | |||
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Nantucket Sound charmer--quintessential Cape Cod cottage 1,000 feet from warm water Haigis Beach. Wonderful location to enjoy all that the cape offers year round. This cutie awaits your personal touches and features a wonderful yard with outbuilding that can be used as an office or overflow bunk room. Well established vacation rentals to make this location more affordable. Turnkey ready.
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| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Oct 20, 2022 | Listed by Chatelain Real Estate | $579,900 | |
| Listed by Chatelain Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017