500 Ocean St
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 23, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | $970,000 | |
| Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | |||
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*Offers due Mon 8/25 at 11:00AM* This pristine oceanfront property offers an exceptional lifestyle of adventure & relaxation! Upon entrance, you're greeted with the breathtaking ocean views, which follow throughout the house. Crafted for everyday living & sophisticated entertaining, this ideal layout features rich hardwood floors, updated kitchen, sunlit living room, elegant dining, timelessly designed 1st floor bedroom, newly remodeled bath, office, laundry, & sliders out to the deck. The newly renovated 2nd floor with bedroom overlooing the sea, built in storage, & a half bath. An updated detached bunkhouse, w/electric, offers a private versatile bonus room w/its own deck. 2 sheds offer ample storage, central air, plenty of parking, & motorized storm shutters. The cozy fireplace & natural light invite year-round comfort, while the ocean waves calm your soul. Sit by the quiet sandy beach, launch a kayak, or simply breathe in the salty air from the expansive deck.
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| Jun 7, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by Tudor Real Estate | $579,900 | |
| Listed by Tudor Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017