25
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4516 Ocean Crest Circle
About This Property
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Cap Rate Calculator
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 1, 2026 | Price Decreased |
$519,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Offerpad Brokerage LLC | $529,900 | |
| Listed by Offerpad Brokerage LLC | |||
| Mar 31, 2025 | Listed | $530,000 | |
| Listed | |||
| | |||
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Location! Location! Location! Conveniently Located 3-bedroom, 2.5 bathroom home in a sought-after Raleigh neighborhood, This home offers grand 2 Story living room that immediately catches your eye with its soaring ceilings, dramatic windows, and a catwalk overlook above, creating an open and airy atmosphere. The first-floor primary suite is a private retreat, complete with a spacious walk-in closet and spacious appointed en-suite bathroom. This home is waiting for the perfect buyer...
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| Feb 10, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2022 | Listed by Offerpad Brokerage LLC | $460,000 | |
| Listed by Offerpad Brokerage LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017