797 Ocean
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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | Listed by Tate & Foss Sotheby's International Rlty | $1,675,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Jun 3, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by Tate & Foss Sotheby's International Rlty | $1,395,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
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Ideally located between Odiorne Point State Park and Wallis Sands Beach this transformed property has been custom designed to deliver dramatic views inside and outside of the home. With so many areas to enjoy a meal, conversation, quiet moment, or catch up on work, this home exudes a sense of calming energy perfect for individual time, large gatherings, or relaxing with overnight guests. Whether a winter squall, springtime shower, summer sunrise, or autumnal color change, the views of the Atlantic, Isles of Shoals, and Conservation land behind the property are never ending and ever changing. Modern touches, hints of Coastal New England, pops of natural wood and a dynamic lighting scheme make this home a uniquely elevated opportunity in the Seacoast market. Vaulted ceilings in the open concept kitchen, dining and living area create a feeling of abundance. The imported Danish kitchen features custom cabinets, an industrial aesthetic softened by soapstone counters and an oversized island excellent for preparing the next course or enjoying a casual dinner. Waking up or relaxing in the Oceanside primary bedroom affords a rare level of peace and tranquility. Downstairs serves as an extension of the upstairs living space with generous flex space well-suited as a guest room, bonus living room, gym or office. An oversized entryway with a full bathroom finishes the space and is perfect for cleaning up after a long beach day. Tour today and enjoy your first Summer in your new home.
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| Oct 19, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017