545 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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jun 28, 2021 | Listed by Carey & Giampa, LLC REALTORS® | $1,049,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
| Jul 8, 2014 | Sold | ||
| Sold | |||
| Mar 15, 2013 | Listed by Carey Giampa, LLC/Rye | $589,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
| | |||
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Back on the market! Still time to enjoy the summer in this updated beach house with amazing views of sunrises and sunsets! Great rental history if you're looking for an investment. Lower level private guest quarters and lots of parking.
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| Apr 1, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017