58 Ocean Avenue
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$639,900
↓ $20K
(3%) | |
| Price Decreased | |||
| Aug 31, 2025 | Listed by Century 21 Signature Properties | $659,900 | |
| Listed by Century 21 Signature Properties | |||
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Welcome to Fairhaven! Located just a short stroll away from the beach & boat ramp, this new construction home offers many modern comforts with water views from the top two floors. The exterior features durable Everlast siding, complemented by Anderson windows and slider door. Inside, you'll find elegant white oak engineered hardwood flooring throughout, creating a warm and cohesive atmosphere. The kitchen is a highlight of the home, with Quartz countertops, including a stunning island with waterfall edge, stainless steel appliances, and shaker style two tone cabinets. Experience a perfect mix of luxury and tranquility —schedule your tour today!!
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| Mar 8, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017