55 Ocean Ave
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 |
|---|---|---|---|
| Apr 1, 2019 | Sold | ||
| Sold | |||
| Jan 29, 2019 | Listed by Molisse Realty Group | $270,000 | |
| Listed by Molisse Realty Group | |||
| Mar 5, 2015 | Sold | ||
| Sold | |||
| Dec 15, 2014 | Listed by Conway - Hanson | $220,000 | |
| Listed by Conway - Hanson | |||
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Imagine being greeted by ducks and swans everyday. Imagine sitting in your living room or your back porch enjoying magnificent sunsets every evening. Now you can. This 3 bedroom waterfront property can now be yours. Current owner has been updating the property including replacing over 20 windows. Property is also located close to schools, shopping and T station. Call today for your private showing. Motivated Seller. No flood insurance required.
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| Oct 16, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017