46 Ocean Ave
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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | In contract | - | |
| In contract | |||
| Feb 13, 2023 | Listed by William Raveis R.E. & Home Services | $2,780,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jun 4, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Molisse Realty Group | $499,000 | |
| Listed by Molisse Realty Group | |||
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ALL OFFERS DUE BY 11am THURSDAY 3/12. Title V & Lead attached. Location Location Location! Contractors & Fixer Uppers - This is the one! Take in breathtaking sunrises from this Oceanfront bungalow. 2BR, 1 Full bath. Open Living room. 2 Decks and amazing views of the Atlantic's legendary Humarock Beach. Keep as summer fun cottage or turn into your coastal dreamhouse. Humarock has so much to offer. Beautiful and scenic South River, restaurants, gift shop, hair salon, post office, ice cream store, coffee shop, convenient store & lobster pound! Be in for summer!
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Address: 335 Madison Avenue, New York, NY 10017