55 NEPTUNE AVENUE
About This Property
This particular home is in immaculate shape and ready to be enjoyed, however the concrete block structure would be ideal for an addition or follow the trend and build new. Either way, this is an excellent investment. Location here is A+. Neptune Ave is the only street that goes through the Oceanside Country Club's private golf course. Just 1 Mile from trendy East Granada Blvd where great restaurants and shopping neighbor two riverfront parks, The Ormond Art Museum and Gardens and The Casements Cultural Center.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$467,500
↓ $32K
(6.5%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by ADAMS, CAMERON & CO., REALTORS | $525,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017