88 Ocean Boulevard
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, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by Rise Real Estate Agency | $465,000 | |
| Listed by Rise Real Estate Agency | |||
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Beautiful Style Ranch. A Must See! Nicely sized rooms. Large beautiful kitchen with Granite Countertops, full GE profile S/S appliance pkge, recessed lighting and Center Island leading out to a new Trex deck. Recessed above ground pool with new liner, pump and newer pool heater in this Oasis backyard with pavers, a 15x10 pavilion with Fans, built in Brick Kitchen with Refrigerator, Grill and Kegerator. Wonderful for Outdoor Entertaining! Move-in-Ready!
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| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $350,000 | |
| Listed | |||
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Dreams DO come true!! This home has been in the same family since 1956, but has been COMPLETELY renovated (2008-2009) and loved!! You will NOT WANT TO MISS THIS HOME!! The living room features hardwood and recessed lighting with dimmers. You'll go CRAZY for the gorgeous updated kitchen boasting: updated cabinets, granite counters, full GE Profile stainless steel appliance package, recessed lighting, dining area, center island and ceramic tile flooring! The master suite boasts hardwood flooring, 2 walk in closets and a full bathroom with shower! The back yard in an OASIS and you are JUST in time for the summer!!The manager has listed the unit size as 1511 square feet.
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| Jun 26, 2017 | Listed by RE/MAX Generations | $339,900 | |
| Listed by RE/MAX Generations | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017