59 Ocean Street
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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Compass | $649,900 | |
| Listed by Compass | |||
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SATURDAY AND SUNDAY OPEN HOUSE CANCELED. Beach living at it’s finest. Why sit in traffic every weekend when you can own this fantastic Humarock home? This year round Cape style home checks all the necessary boxes for an ideal beach home. Steps to Humarock beach. Versatile floor plan with three large bedrooms, living room with gas stove, recently renovated kitchen with breakfast bar, stainless steel appliances and granite counter tops, eat in area. Additional room ideal for office, secondary family room or additional sleeping area. Views of the Atlantic and South River from second floor bedrooms. Three season room with tons of natural light and slider to deck. Fenced yard with outdoor shower and parking for 7!!! New roof, insulation and full basement to store all of your beach necessities. Humarock has all of the charm of the Cape, without sitting in the car for hours to enjoy it.
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| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by Success! Real Estate | $444,900 | |
| Listed by Success! Real Estate | |||
| Mar 31, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017