488 OCEAN FOREST 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 |
|---|---|---|---|
| Nov 1, 2017 | Sold | ||
| Sold | |||
| Aug 20, 2017 | Listed | $739,000 | |
| Listed | |||
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Perfectly Maintained Home In Anastasia Dues,One Of The Island's Best Neighborhoods! This Spacious 4 Bedroom Home Also Offers An Additional Upstairs Bonus Room And A Separate Office Downstairs. The Open Floor Plan Gives Lots Of Space To Entertain And The Commercial Grade Appliances Like The Viking Range And Hood Add Style And Durability. Outside There Is A Lovely Open Front Porch And A Large Two Car Garage. There Is Also A Screened Back Porch That Opens To The Large Backyard. The manager has listed the unit size as 3272 square feet.
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| Jul 31, 2017 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $739,000 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
| Mar 10, 2009 | Sold | ||
| Sold | |||
| Oct 22, 2008 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $734,900 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
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Bank Owned. Not a short sale! This never lived in custom home features a huge kitchen, formal dining, separate office and large bonus/media room. Plenty of room for a pool an just a short walk to the beach or community pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017