904 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 |
|---|---|---|---|
| May 25, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by Terry Perko Agency, Inc. | $339,000 | |
| Listed by Terry Perko Agency, Inc. | |||
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East of the Canal this home is in an R-3 Zone for single family /professional use.
Renovated and remodeled with still some finishing touches awaiting your personal touch ! First floor bedroom and bath with two addl guest bedrooms and bath on second level. A generous full dry basement with outside access provides endless possibilities. Living room/dining room and kitchen offer views to oversized rear yard. Walking distance to Ocean Rd school and just minutes to the beautiful beaches of Bay Head and Point Pleasant. A great Condo alternative.
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| Jul 16, 2014 | Sold | ||
| Sold | |||
| Aug 23, 2012 | Listed by ERA/ Byrne Realty | $199,000 | |
| Listed by ERA/ Byrne Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017