57
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4643 NE Ocean Boulevard
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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$4,999,000
↓ $251K
(4.8%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$5,250,000
↓ $140K
(2.6%) | |
| Price Decreased | |||
| May 4, 2026 | Price Decreased |
$5,390,000
↓ $109K
(2%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by RE/MAX Prestige Realty/WPB | $5,499,000 | |
| Listed by RE/MAX Prestige Realty/WPB | |||
| |||
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Exquisite gated oceanfront estate that epitomizes luxury living on S. Florida's pristine shores. Meticulously designed, featuring all the amenities of high-end living, private elevator, heated pool & spa, NO HOA fees. Impact windows & doors throughout. PRIVATE DEEDED OCEAN ACCESS - Offering your own slice of Atlantic Ocean paradise. Website and floor plan available upon request Versatility is key in this luxurious home. The ground floor, currently configured as additional living quarters, can be converted back to a spacious 3-car garage at the seller's expense. Whether you're seeking a permanent home, a vacation retreat - this is a gated oceanfront estate offering unparalleled opportunity in one of S Florida. most sought-after locations, with a lifestyle of comfort, luxury, & endless ocean views. WEBSITE & FLOORPLAN available upon request. Measurements are approximate
| |||
| Dec 31, 2025 | Price Decreased |
$5,499,000
↓ $251K
(4.4%) | |
| Price Decreased | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017