59 Oceanside Dr
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 |
|---|---|---|---|
| Jul 18, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Sold | ||
| Sold | |||
| Sep 22, 2011 | Listed by Motyka Real Estate, Inc. | $249,900 | |
| Listed by Motyka Real Estate, Inc. | |||
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Oceanview colonial! Looking for a project, this is a great opportunity to finish rehab. Located on corner lot across from ocean. Previous permits expired- Buyer to obtain new permit. See Scituate Building Inspector's office for further details. Neighborhood of higher priced homes on Town Sewer. Buy now and be in for summer! Easy to show on Lockbox. Call office and set appt. Huge opportunty to be this seaside community!!
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| Mar 20, 2011 | Listed by Coldwell Banker Residential Brokerage - Scituate | $314,900 | |
| Listed by Coldwell Banker Residential Brokerage - Scituate | |||
| Oct 6, 2010 | Listed by Conway - Dorchester | $359,000 | |
| Listed by Conway - Dorchester | |||
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Unobstructed Ocean Views.Looks directly out to Minot's Ledge from porch and bedrooms. Short walk to beach one tenth of a mile. Plans(Renovation) and Permits in hand. Vacant, easy to show . . Great Summer house or year round. Parking posibilities for 4/5 cars. Great project for contractor to keep your crews working over winter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017