5 Ocean View Road
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 14, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Christie's International Real Estate Sereno | $2,495,000 | |
| Listed by Christie's International Real Estate Sereno | |||
| Apr 22, 2025 | Listed | $2,695,000 | |
| Listed | |||
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A locally famous dinosaur sculpture park greets you at this exceptional mountain estate, boasting 270 degree panoramic mountain & bay views! Sunny, flat/gently sloped acreage offers an abundance of usable land to add an ADU, orchard, vineyard, horses, sport court, pool etc. The interior centers around a stunning remodeled kitchen with custom cabinetry, gorgeous quartz counters, incorporating breakfast dining, all open to the cozy den with brick fireplace. Oak beams, paneling & moldings showcase custom craftsmanship throughout the home. Separate formal dining & living rooms with panoramic views, flank the grand entry hall. Entertainers will love the recreation room with bar, display cabinetry and shelving for your liquors/glasses. The primary suite features a remodeled oversized stall shower and sunny deck. 2 further beds and full bath in the opposite wing. Attached 2 car garage plus detached garage/workshop with loft. Automatic gates at the main entry with paver driveway, an alternative 'tradesmans entrance' opens to a circular driveway to the back door/laundry room, then exits onto Skyland. Beyond the expansive lush lawn is a natural meadow/pasture. 'The dinosaurs' are a popular, local landmark, much loved by the local mountain community. First time on the market in 4 decades!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017