1017 Ocean Trail #4A
About This Property
The manager has listed the unit size as 787 square feet.
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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 |
|---|---|---|---|
| Jul 9, 2023 | No longer available | - | |
| No longer available | |||
| Jul 5, 2023 | Listed | $465,000 | |
| Listed | |||
| | |||
|
Welcome to your dream beach getaway in the most desirable area of the Outer Banks, Corolla! This charming and meticulously maintained 2-bedroom, 2-full bath condo is the perfect investment opportunity for a hassle-free coastal lifestyle. Fully furnished & equipped, this condo is ready for you to start enjoying the beach life. Situated on a ground level with no steps, condo offers desirable for many one level living. Step inside and be amazed by the mint condition of this beautiful unit: everything exudes elegance and comfort. Pre-listing home inspection is just spotless! One of the highlights of this property is its excellent rental history: 2022 rents grossed at 47k, 2023 rents are already at impressive 54k and bookings keep coming! The convenient location, combined with the desirable amenities and perfect condition, makes it a highly desirable vacation spot. With the beach just a short stroll away, you & your guests can indulge in the sun, surf, and sand anytime desired. The community pool and volleyball court provide additional entertainment option. Make lasting memories and enjoy endless fun-filled days with family and friends. Grab your chance now and live your coastal dreams! 3D tour is available. The manager has listed the unit size as 781 square feet.
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| Feb 15, 2022 | No longer available | - | |
| No longer available | |||
| Feb 4, 2022 | Listed | $415,000 | |
| Listed | |||
| | |||
|
Beacon Quarters Corolla consists of 32 new construction duplex-style condos with it's own on-site community pool. Unit 4A has 11 foot ceilings, separate storage for bikes and beach toys, and is FULLY FURNISHED with TV's in every room, king size beds, blinds and window treatments. The home features quartz countertops, solid wood cabinetry, tiled master shower, LVT flooring, and an open concept living/kitchen/dining room. The HOA includes everything - wind and hazard insurance, water, sewer, trash, maintenance, high speed internet, and basic cable. The manager has listed the unit size as 787 square feet.
| |||
| Jul 30, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/19/2024
|
2 Bed
|
2 Bath
|
800 ft²
|
$500,000
2 Bed
2 Bath
800 ft²
|
-
-
|
Lynn Case
Coldwell Banker Seaside Realty KH
| |
|
03/19/2024
|
2 Bed
|
2 Bath
|
787 ft²
|
$500,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Lynn Case
Coldwell Banker Seaside Realty KH
| |
|
11/15/2023
|
2 Bed
|
2 Bath
|
781 ft²
|
$485,000
2 Bed
2 Bath
781 ft²
|
-
-
|
Liz Holterhaus
Keller Williams Town Center
| |
|
07/05/2023
|
2 Bed
|
2 Bath
|
781 ft²
|
$465,000
2 Bed
2 Bath
781 ft²
|
-
-
|
Yuliya Hristov
Howard Hanna Outer Banks Realty
| |
|
03/29/2023
|
2 Bed
|
2 Bath
|
787 ft²
|
$457,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Whitney Hawkins
RE/MAX Coastal Associates
| |
|
07/19/2022
|
2 Bed
|
2 Bath
|
787 ft²
|
$419,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Trisha Midgett
Midgett Realty - Rodanthe
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
871 ft²
|
$416,000
2 Bed
2 Bath
871 ft²
|
-
-
|
Sunny Berle
Coldwell Banker Seaside Realty KH
| |
|
03/25/2022
|
2 Bed
|
2 Bath
|
787 ft²
|
$415,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Sunny Berle
Coldwell Banker Seaside Realty KH
| |
|
02/04/2022
|
2 Bed
|
2 Bath
|
787 ft²
|
$415,000
2 Bed
2 Bath
787 ft²
|
-
-
|
John Head
Colony Realty Corp - Frisco
| |
|
12/02/2021
|
2 Bed
|
2 Bath
|
787 ft²
|
$415,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Sunny Berle
Coldwell Banker Seaside Realty KH
| |
|
09/23/2021
|
2 Bed
|
2 Bath
|
787 ft²
|
$424,900
2 Bed
2 Bath
787 ft²
|
$407,000
-4.21%
01/14/2022
|
Michael Siers
Howard Hanna Outer Banks Realty
| |
|
08/23/2021
|
2 Bed
|
2 Bath
|
787 ft²
|
$399,000
2 Bed
2 Bath
787 ft²
|
-
-
|
Edith Rowe
Brindley Beach Vacations-Duck
| |
|
03/19/2021
|
2 Bed
|
2 Bath
|
787 ft²
|
$359,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
04/30/2021
|
2 Bed
|
2 Bath
|
787 ft²
|
$385,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
07/20/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$262,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/29/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$272,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/29/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$262,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/29/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$262,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/29/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$272,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/29/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$262,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/25/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$262,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/16/2020
|
2 Bed
|
2 Bath
|
787 ft²
|
$272,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/03/2020
|
2 Bed
|
2 Bath
|
806 ft²
|
$282,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$269,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
07/26/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$249,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$269,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$269,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$269,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
$262,000
+1.16%
08/28/2020
|
Sunny Berle
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$254,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
07/01/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$249,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
07/01/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$249,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
787 ft²
|
$259,000
2 Bed
2 Bath
787 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
| |
|
06/10/2019
|
2 Bed
|
2 Bath
|
806 ft²
|
$269,000
2 Bed
2 Bath
806 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017