1017 Ocean Trail #8A
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%.
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 21, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | Listed | $500,000 | |
| Listed | |||
| | |||
|
Rare find in the much sought after Beacon Quarters. Perfectly situated between the ocean and sound, this two bedroom, two bathroom condo, in one of Corolla's premiere communities, Beacon Quarters, which boasts a beautifully manicured and well kept maintenance free exterior and grounds, Convenient location and just a short walk from the beach or sound, relax while you enjoy the community pool, volley ball pit and so much more. Inside, you'll find a spacious open layout with a well-appointed kitchen featuring a large center Island with ample seating and plenty of cabinet space. The living room is beautifully decorated and fully furnished. Primary bedroom suite has a full bathroom with walk in shower and secondary bedroom is adjacent to the 2nd full bathroom This condo comes fully furnished and is perfect for year-round living, a summer retreat or investment property. This property has had a great rental history over 70k in 2022 & 2023. After a day at the at the beach rinse off in the outdoor shower. Built in 2020, everything has been meticulously maintained and kept in pristine condition. Move right in or rent out immediately. Don't miss out on this opportunity to own a beautiful, move-in ready property in Corolla, It really is a Rare find. The manager has listed the unit size as 800 square feet.
| |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
| Jun 27, 2020 | Relisted | $262,000 | |
| Relisted | |||
| Jun 26, 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