65 Ocean Drive
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 7, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Bay Farm Realty | $1,300,000 | |
| Listed by Bay Farm Realty | |||
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Bring your Sunscreen. Casual coastal living with direct beach access across the street. Sit in your rocker on the front porch or sunbathe on one of multiple front and back decks. Sunrise views over the Ocean and Sunset views over the River. Sun filled Eat-in-Kitchen with deck for grilling; Family-room has gas fireplace with blower french doors open to the front porch. First floor bedroom and full bath. Second floor Sitting/Home Office, front and back decks, Two sun filled bedrooms, full bath and laundry room. Third floor bonus room as shown as a bedroom with private bath and walk in closet. Life's better at the Beach! Home has been updated with all new kitchen appliances painted both inside and out. Shed, Generator and Fence Installed!
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| Apr 29, 2016 | Sold | ||
| Sold | |||
| Mar 23, 2016 | Listed by Molisse Realty Group | $712,500 | |
| Listed by Molisse Realty Group | |||
| Jan 29, 2001 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017