8 Ocean 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 |
|---|---|---|---|
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2019 | Listed by RE/MAX COAST 2 COAST | $400,000 | |
| Listed by RE/MAX COAST 2 COAST | |||
| Dec 27, 2016 | Sold | ||
| Sold | |||
| May 31, 2016 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Listed by MAY REAL ESTATE GROUP | $449,000 | |
| Listed by MAY REAL ESTATE GROUP | |||
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This downtown fully furnished home just had an EXTENSIVE Renovation. Overlooking the mission, charm and downtown living are at the heart of the home. Enjoy taking daily walks to the historic district, San Marco shops and restaurants or right off the front porch to the Mission of Nombre de Dios. This 4 bedroom 3 bath home is perfect for large families or for a primary residence with rental income. The master bedroom is on the 1st floor. The living is flexible. With a second upstairs
kitchen you have an opportunity to do short or long term rentals. Walk to the end of the street and see the water. New stainless steel appliances and granite countertops in the kitchen and true hardwood floors are just a few of the details. You don't want to miss out on this one.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017