4844 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 |
|---|---|---|---|
| Mar 25, 2025 | Listed by RE/MAX by the Sea | $1,675,000 | |
| Listed by RE/MAX by the Sea | |||
| Nov 6, 2022 | No longer available | - | |
| No longer available | |||
| May 6, 2022 | Listed by Berkshire Hathaway HomeServices | $2,200,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
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Exquisite 4 bedroom, 3 bath home with a bunk room in the highly coveted Gulf front community of Destiny by The Sea. Just a short distance from the private community beach access, you'll find this magnificent 3 story home with its own private pool! Newly improved stucco on the exterior, brand new appliances throughout the home, new furnishings, new windows, new patio furniture, upgraded TVs and all 3 bathrooms have been renovated and upgraded. This is a key turn rental property and is being sold fully furnished and ready to go! Featuring 9 foot ceilings on the first floor and 10 ft throughout the rest of the home, travertine flooring throughout all living areas, LVP flooring in all bedrooms and top floor master suite, shiplap accent walls and much more! The manager has listed the unit size as 2572 square feet.
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| Jul 7, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017