743 Ocean Boulevard
About This Property
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Cap Rate Calculator
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 14, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Carey Giampa, LLC/Rye | $2,389,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
| May 2, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by RE/MAX Shoreline | $2,150,000 | |
| Listed by RE/MAX Shoreline | |||
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Have you ever dreamed of living at the beach? Here is your chance! Upon entering this impressive home built in 2020, you’ll feel like you are aboard a yacht with bold ocean views from every room. Enjoy brisk morning sunrises along the seawall, sun & surf mid-day or savor the sun on the front deck. Relax in the shade under the awning on the rear deck as the sun sets to the West. Entertain guests or enjoy a movie night in the open concept living space snuggled up by the gas fireplace. You will love cooking in the gorgeous kitchen with full views of the Atlantic, high-end finishes, custom cabinetry, coffee station & walk-in pantry. Work from home in the dedicated office space or use as potential overflow guest room. The upper level offers 3 bedrooms, two are ocean front & open onto the huge deck through 8’ doors with staggering views. Primary suite has a walk-in closet, bath w/tiled shower, & double sinks w/quartz counters. Bring your cars & toys to the 4-car heated garage with hot/cold-water access. Low maintenance, built to withstand New England weather with steel beams, Pella windows & doors, hurricane grade roof, Hardy plank & vinyl siding, composite decking & to flood standards. Other amenities include crown molding, central AC, irrigation, generator hook up & outdoor shower, a must when you live at the beach! The oversized lot w/storage shed offers expansion opportunities, coveted beach parking or fabulous yard! This is the perfect home for living, entertaining & relaxing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017