61 Ocean Ave
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 4, 2015 | Sold | ||
| Sold | |||
| May 22, 2014 | Listed by Homestead Real Estate | $275,900 | |
| Listed by Homestead Real Estate | |||
| Nov 11, 2010 | Listed by Homestead Real Estate | $329,900 | |
| Listed by Homestead Real Estate | |||
| | |||
|
Contemporary pond front home on West Monponsett Pond. Two bedrooms on 2nd floor with walk-out balconies. 3rd floor Greatroom with sliders to large covered deck. Hickory kitchen fully applianced. Work desk area in kitchen. Wall to wall and tiled kitchen and baths. Please call Listing Agent.
| |||
| Aug 9, 2010 | Listed by Homestead Real Estate | $329,900 | |
| Listed by Homestead Real Estate | |||
| | |||
|
Contemporary pond front home on West Monponsett Pond. Two bedrooms on 2nd floor with walk-out balconies. 3rd floor Greatroom with sliders to large covered deck. Hickory kitchen fully applianced. Work desk area in kitchen. Wall to wall and tiled kitchen and baths. Please call Listing Agent.
| |||
| Feb 20, 2010 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Contemporary pond front home on West Monponsett Pond. Two bedrooms on 2nd floor with walk-out balconies. 3rd floor Greatroom with sliders to large covered deck. Hickory kitchen fully applianced. Work desk area in kitchen. Wall to wall and tiled kitchen and baths. Please call Listing Agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017