761 Oceanview Drive
About This Property
The house is set upon a hill and away from the street, yet its presence makes it standout.
Leave the street behind and step into an enclosed front yard that feels almost like a secret garden. Follow the front yard around the corner, under a trellis, to a secluded brick patio combining with the yard for sublime al fresco entertaining.
Entering through the distinctive front door you're greeted by coved ceilings, French windows and a sunroom/playroom just beyond the dining room. An open galley kitchen with breakfast area serves the dining room making a modern open concept without sacrificing vintage charm.
Hardwood graces much of the downstairs including the bedroom and kitchen (Hardwood under the carpet in the dining room).
To the right of the front door is the elegant living room with the gorgeous fireplace as focal point and bay windows that look out to the front patio.
Also downstairs, a vintage full bath with luxurious archway surrounding the sink. Next to the bathroom a spacious bedroom with built - in closets, hardwood floors and access to the beautiful back of the home that offers your own private sparkling salt water swimming pool! This is the greatest for family fun or morning/afternoon swim workouts. And there's more yard, to boot! Including a pool house and playhouse
The charming staircase leads to two spacious bedrooms and full bath. And, yes, from the second story south facing window you actually have ocean peek-a-boo view.
Oceanview Drive is a horseshoe street and functions like a cul-de-sac, so no -thru traffic.
Don't miss the opportunity to see this uniquely wonderful home.
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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 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Listed by Circa Properties, Inc. | $1,050,000 | |
| Listed by Circa Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017