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751 Ocean Blvd.
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 |
|---|---|---|---|
| Aug 7, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed by RE/MAX Insight | $499,900 | |
| Listed by RE/MAX Insight | |||
| Mar 1, 2011 | Sold | ||
| Sold | |||
| Jan 21, 2011 | Listed by RE/MAX Insight | $419,900 | |
| Listed by RE/MAX Insight | |||
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Corner lot with sweeping, spectacular ocean views! Assessed at $498,000. Take advantage of this price reduction and low rates to secure your place at North Beach. Recent updates include new deck and flooring. Open concept with 4 bedrooms. Family room. Great parking. Updated electric, heat & plumbing. Suitable for second home or primary residence. Owner is a licensed real estate broker. Possible lease with option to buy.
| |||
| May 11, 2010 | Listed by RE/MAX Insight | $439,900 | |
| Listed by RE/MAX Insight | |||
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Address: 335 Madison Avenue, New York, NY 10017