817 Ocean Road
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 9, 2025 | Listed by Ward Wight Sotheby's International Realty | $2,399,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Jun 16, 2016 | Sold | ||
| Sold | |||
| Apr 26, 2016 | Listed by Veltri & Associates, Realtors | $310,000 | |
| Listed by Veltri & Associates, Realtors | |||
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Great opportunity in Spring Lake Heights! This home sits on a deep lot and offers a living room, family room, kitchen, four bedrooms, two full bathrooms, full basement, large deck and an opportunity for you to make it your own. MULTIPLE OFFERS. HIGHEST AND BEST OFFERS MUST BE SUBMITTED TO LISTING AGENT BY 5-4-16 AT 12PM EST. BUYERS AGENT MUST INCLUDE THE ATTACHED MULTIPLE OFFER FORM WITH OFFER.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017