55 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 |
|---|---|---|---|
| Apr 28, 2015 | Sold | ||
| Sold | |||
| Apr 2, 2014 | Listed by Conway - Scituate | $339,000 | |
| Listed by Conway - Scituate | |||
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Family treasure for sale. This efficient 4 bedroom 2 bath is on the quiet end of Ocean St past the Fairview restaurant. Special features include a brick fireplace in the living room, enclosed front porch, rear deck, solid fir flooring and a large dining room with built-ins. You will be amazed at the spacious feeling once inside. The home is directly across from seawall stairs to a picturesque Maine-like coastline and is a short scenic walk to many restaurants, sandy beaches, and the marina. Motivated seller; bring all offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017