5654 Oceanic ROAD
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 |
|---|---|---|---|
| May 13, 2025 | Listed | $375,000 | |
| Listed | |||
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Completely updated 4-bedroom, 2.5-bath home featuring a bright, open-concept layout. New vinyl plank flooring, fresh interior/exterior paint, and modern lighting throughout. The remodeled kitchen offers soft-close cabinets, granite countertops, and stainless steel appliances. Bathrooms have been tastefully updated with new vanities, tile, and fixtures. Major system updates include: electric panel (2019), A/C (2022), septic system (2015, pumped in 2022), and roof (2011). Public water. Spacious backyard with large in-ground pool—perfect for entertaining. A great opportunity for investors or anyone ready to make this their dream home!
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| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by MAR-KEY PROPERTY SERVICES LLC | $245,000 | |
| Listed by MAR-KEY PROPERTY SERVICES LLC | |||
| Mar 31, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017