1 Ocean Meadows Drive #20
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%.
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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 |
|---|---|---|---|
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by KW Coastal and Lakes & Mountains Realty | $359,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/09/2023
|
2 Bed
|
2 Bath
|
-
|
$419,000
2 Bed
2 Bath
|
-
-
|
Dawson Sibley
RE/MAX Realty One
| |
|
09/28/2023
|
2 Bed
|
2 Bath
|
-
|
$625,000
2 Bed
2 Bath
|
-
-
|
Adam Hedio
Coldwell Banker Realty
| |
|
07/20/2022
|
3 Bed
|
3 Bath
|
2020 ft²
|
$749,000
3 Bed
3 Bath
2020 ft²
|
$775,000
+3.47%
08/29/2022
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
07/19/2021
|
4 Bed
|
3 Bath
|
-
|
$575,000
4 Bed
3 Bath
|
$575,000
08/30/2021
|
Kenneth Knowles
RE/MAX Realty One
| |
|
07/19/2021
|
3 Bed
|
3 Bath
|
-
|
$495,000
3 Bed
3 Bath
|
$495,000
08/30/2021
|
Donna DuBois-Miller
Keller Williams Coastal Realty
| |
|
06/04/2021
|
3 Bed
|
3 Bath
|
-
|
$629,000
3 Bed
3 Bath
|
$300,000
-52.31%
09/01/2021
|
Margaret MacKenna
207 Prime Properties, LLC
| |
|
10/09/2020
|
2 Bed
|
2 Bath
|
-
|
$395,000
2 Bed
2 Bath
|
$369,900
-6.35%
02/26/2021
|
Nola Cady
Keller Williams - Portsmouth
| |
|
09/17/2020
|
3 Bed
|
2 Bath
|
1549 ft²
|
$449,900
3 Bed
2 Bath
1549 ft²
|
$449,000
-0.20%
11/12/2020
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
08/10/2020
|
2 Bed
|
2 Bath
|
1358 ft²
|
$449,900
2 Bed
2 Bath
1358 ft²
|
$274,900
-38.90%
10/06/2020
|
Anne Erwin Real Estate
Anne Erwin Sothebys International Rlty
| |
|
06/01/2020
|
3 Bed
|
3 Bath
|
2316 ft²
|
$499,000
3 Bed
3 Bath
2316 ft²
|
$488,000
-2.20%
07/31/2020
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
04/22/2020
|
3 Bed
|
3 Bath
|
-
|
$439,900
3 Bed
3 Bath
|
$403,100
-8.37%
08/04/2020
|
Carolyn Weller
| |
|
09/07/2019
|
4 Bed
|
3 Bath
|
3448 ft²
|
$469,000
4 Bed
3 Bath
3448 ft²
|
-
-
|
-
| |
|
08/21/2019
|
3 Bed
|
3 Bath
|
1760 ft²
|
$359,000
3 Bed
3 Bath
1760 ft²
|
$335,000
-6.69%
11/12/2019
|
Nola Cady
KW Coastal and Lakes & Mountains Realty
| |
|
08/10/2019
|
4 Bed
|
3 Bath
|
-
|
$445,900
4 Bed
3 Bath
|
$418,000
-6.26%
11/08/2019
|
Carolyn Weller
| |
|
07/29/2019
|
3 Bed
|
3 Bath
|
-
|
$529,900
3 Bed
3 Bath
|
-
-
|
-
| |
|
06/12/2018
| |
3 Bed
|
3 Bath
|
1812 ft²
|
-
3 Bed
3 Bath
1812 ft²
|
-
-
|
-
|
|
07/08/2017
| |
2 Bed
|
3 Bath
|
1658 ft²
|
-
2 Bed
3 Bath
1658 ft²
|
-
-
|
-
|
|
01/04/2017
|
2 Bed
|
3 Bath
|
1658 ft²
|
$329,700
2 Bed
3 Bath
1658 ft²
|
$333,500
+1.15%
10/06/2017
|
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
| |
|
09/01/2016
|
4 Bed
|
3 Bath
|
1638 ft²
|
$329,900
4 Bed
3 Bath
1638 ft²
|
$290,600
-11.91%
03/20/2017
|
Anne Erwin Real Estate
Anne Erwin Sothebys International Rlty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017