4500 Ocean View Drive
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 |
|---|---|---|---|
| Nov 20, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $949,000 | |
| Listed | |||
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WELCOME TO THE HOME KNOWN AS HOLLYWOOD! Great value for superb gulf views on scenic gulf drive in crystal beach! This 6 bed / 4 bath beach house comfortably sleeps 20, is directly across the street from the beach, and has a private pool and elevator. Recently renovated head to toe, it boasts travertine tile in the kitchen, baths & living room along with hardwood bamboo floors in the bedrooms. The private pool & rear of the home face south and offer fantastic views of the gulf from most rooms. The expansive driveway provides plenty of parking for large groups. Perfect for a high grossing vacation rental or private family retreat. Offered furnished - shows great!The manager has listed the unit size as 2840 square feet.
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| Jan 16, 2015 | Listed by Engel & Volkers Destin | $899,000 | |
| Listed by Engel & Volkers Destin | |||
| Jan 7, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017