711 Ocean View 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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Listed by Singer Real Estate | $1,099,000 | |
| Listed by Singer Real Estate | |||
| | |||
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Beautiful single-family home located on a large lot on a quiet street. Great for entertaining. The house features 3 beds and 2 baths. The house was remodeled in 2018 with new flooring, new baseboards and moldings, a new roof, recessed lighting, and a fully remodeled bathroom. At the rear of the property is the master suite with the fully remodeled bathroom (new shower, toilet, vanity, sconces). At the front of the property is two bedrooms and a full bathroom on a hallway. The kitchen opens up to a large living room and sunroom with a built-in bar. The front and back yards are fully fenced, and the front yard contains a privacy hedge, making it safe and private. There is a pebble-bottom, saltwater built-in swimming pool with waterfalls in the expansive backyard. The pool has both gas and solar heaters. The property has several fruit trees, including apricot (2), avocado, orange, tangerine, grapefruit, lemon, lime, peach, and apple. The 2-car garage is located at the back of the property on the alley. The driveway is covered by a carport large enough for two vehicles, measuring 22 by 24 feet.
Assessor shows home is 1,349 square feet. Buyer to verify square footage.
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| Jul 27, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed by Redfin Corporation | $849,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017