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994 Ocean Blvd
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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2024 | Listed by Realty ONE Group NEST | $1,249,777 | |
| Listed by Realty ONE Group NEST | |||
| | |||
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Welcome to the smell of salt air and beach community living. This perfect blend of beach life features, with room for the whole clan. The 1st floor is set-up for easy living, and the 2nd floor is perfect for all guest that will be sure to visit when you live this close to the ocean. Just a short jaunt to beach access where you can enjoy long summer days relaxing and enjoying the sand and sea. This energy efficient home starts with ICF construction and ends with Solar Panels for energy cost assistance. Some of the special features are; 1st floor Primary Suite, open concepts kitchen, dining, and living area with radiant heat floors, a sunroom, and low a maintenance exterior, which includes the beautiful patio area. You've been waiting for this... your dream home is here!
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| Dec 17, 2004 | Sold | ||
| Sold | |||
| Sep 10, 2004 | Listed | $335,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017