81 Ocean Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 26, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by Century 21 North East | $3,000,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Looking for Coastal Modern Living and Entertaining Oasis? With 4 Beds & 4.5 Baths, ~5,000 Sq Ft on Three Levels, a Two-Car Garage and Enviable Panoramic Views of the Atlantic Ocean, 81 Ocean Drive is IT! As you Walk Through the Foyer, You're Met w/ a Beautiful Open Concept Layout Complemented by Soaring Ceilings and Walls of Glass. Kitchen is Equipped w/ SS Appliances, Cove Edged Custom Granite Countertops and a Phenomenal View of the Ocean. The Main Level also has a Fireplaced Living Room, Full Bath & an Additional 1/2 Bath w/ Access to its Own Laundry/Folding Room. As You Make Your Way to the 2nd level, You'll Find an Amazing Master Suite Featuring an Elegantly Designed Soaking Tub and Private Deck Area. The Two Guest Bedrooms Also Have Their Own Private Deck. Lastly, an Open Loft Circling the Living Room Area that Leads to a 40' Deck. BONUS: Updated/Replaced HVAC System/Central AC, Roof Replacement in 2018, Decks Redone in 2018, SONOS Sound System Throughout 1st & 2nd Level, etc
| |||
| May 10, 2022 | Listed by Century 21 North East | $3,000,000 | |
| Listed by Century 21 North East | |||
| Aug 19, 2014 | Sold | ||
| Sold | |||
| May 29, 2014 | Listed by Century 21 North East | $2,495,000 | |
| Listed by Century 21 North East | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017