88 Ocean Hill Drive
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 1, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Compass | $1,095,000 | |
| Listed by Compass | |||
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*Exquisite Colonial Home with In-Law Apartment & Three Car Garage* Nestled in the tranquility of Kingston, this colonial is a real beauty! Boasting 4 bedrooms, 3.5 bathrooms, large 3-car garage, and basement smartly finished as an elegant lounge and separate bonus room. Natural light floods the interior, accentuating the design creating warm ambiance throughout. A full-home interior/exterior audio system truly sets the mood. Indulge in culinary delights in a gourmet kitchen with oversized island & wine fridge. Unwind in the jacuzzi nestled in serene surroundings and soft landscape lighting. Recently done roof and PVC trim gives peace of mind while keeping traditional style with cedar siding. Surrounded by lush woods, privacy abounds, offering a peaceful retreat from the bustle of everyday life. In-law apartment with 1 bedroom, 1 bathroom, laundry, full kitchen, fireplace and private entrance with deck gives versatility for family or guests
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| Dec 15, 2015 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by Compass | $499,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017