463 Ocean Avenue
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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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Douglas Elliman Real Estate | $900,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Lynbrook 5-6 Bedroom 3 Bath Pre Civil War Colonial On Almost 1/3 Acre. Approximately 3000 Square Feet of Living Space. Living/Dining Rooms W/ Oak Floors, 10' Ceilings, 6’ & 8' Windows & Separate Wood Burning Fireplaces. Renovations Include: Siding, Fencing, Concrete Driveway, Gas Steam Heating System, Sod/Sprinklers 2014. New Kitchen 2016. Rear 2 Story Former Attached Garage/Loft Conversion To Great Room & Bedroom With Detached Garage Added 2017. Storm Windows & New 1st Floor Bath 2018. New Master Bath 2019. Rear Mud Room. Rear 2nd Floor Deck. Whole House Exterior Recently Painted. Full Unfinished Basement With High Ceilings, Walkup Attic. See Floor Plan For Layout
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| Oct 22, 2019 | Sold | ||
| Sold | |||
| Jul 24, 2019 | In contract | - | |
| In contract | |||
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About Lynbrook
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017