47 Oceanview 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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Increased |
$649,000
↑ $50K
(8.4%) | |
| Price Increased | |||
| Apr 21, 2025 | Listed by Coldwell Banker American Homes | $599,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome to 47 Oceanview Drive! This 2 bed, 1 bath direct oceanfront home is the ultimate coastal retreat, boasting unobstructed ocean views and direct waterfront access. Step inside to discover gorgeous wood floors, an updated kitchen with stainless steel appliances, and a modern bathroom designed for comfort and style.
Enjoy peace of mind with a brand-new bulkhead and floating dock. The new brick driveway leads to a spacious 2-car garage, and solar panels offer energy efficiency for year-round savings.
Whether you're relaxing on the dock or entertaining indoors, this home checks every box for luxury, function, and waterfront living.
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Property Highlights
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About Mastic Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,800 /mo
- 3 Beds
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- 2,100 ft²
$5,500 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017