94 OCEAN
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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 |
|---|---|---|---|
| Jul 15, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2017 | Sold | ||
| Sold | |||
| Jul 2, 2017 | Listed | $485,000 | |
| Listed | |||
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Beautifully-maintained Concrete Block Pool Home In An Oceanfront Neighborhood Close To Downtown! Just A 5-minute Walk To The Beach. Low-maintenance Front Yard. Privacy-fenced Backyard Full Of Mature Tropical Vegetation,Complete With A Salt-water Heated Pool,Both Covered And Open Patio Space,Covered Bar Area,And An Outdoor Shower. Home Has Been Re-piped And Has A New Roof And New Carpet. Move-ready,Fully-furnished (with The Exception Of Beds In The Two Guest Rooms).,Spacious Eat-in Kitchen With A Breakfast Bar; Vaulted Ceilings; Lots Of Big Windows Invite Natural Light. Glass Sliders Lead To The Pool Area From The Master Bedroom. Double Sinks,Walk-in Shower,And Soaker Tub In The Master Bath. Sophisticated Touches In The Kitchen Including Granite Countertops And Tile Backsplash,And A Separate Laundry Room For Convenience. This Is A Clean,Attractive Pool Home Just Steps From The Beach! Owner Just Put In A Brand-new Water Heater And A New Salt Generator.The manager has listed the unit size as 1436 square feet.
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| Jun 12, 2017 | Listed by NEW WORLD REALTY & PROPERTY MANAGEMENT, INC | $485,000 | |
| Listed by NEW WORLD REALTY & PROPERTY MANAGEMENT, INC | |||
| Sep 23, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017