8 Ocean Blvd
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 |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by LAER Realty Partners | $375,000 | |
| Listed by LAER Realty Partners | |||
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This renovated year-round home located within walking distance from beaches, state parks, and shops. This 3 bedroom, 1 bath Cape style home is complete with a garage and sits on 4600 sq ft of land. A wonderful wrap around Farmer's porch allows you to sit, relax, and take in all that surrounds. Everything has been done for them would-be owner to come to relax and make money renting this home. The land is leased and available to be purchased at any time from the town.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017