1044 Ocean Boulevard #2C
About This Property
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Cap Rate Calculator
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 3, 2020 | Sold | ||
| Sold | |||
| May 7, 2019 | Listed by Carey & Giampa, LLC/Hampton | $839,900 | |
| Listed by Carey & Giampa, LLC/Hampton | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/09/2023
|
2 Bed
|
-
|
901 ft²
|
$1,389,000
2 Bed
-
901 ft²
|
$1,389,000
10/09/2023
|
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
| |
|
07/05/2023
|
2 Bed
|
1 Bath
|
930 ft²
|
$1,295,000
2 Bed
1 Bath
930 ft²
|
$1,250,000
-3.47%
07/26/2023
|
Jim Giampa
Carey Giampa, LLC/Rye
| |
|
06/09/2022
|
2 Bed
|
-
|
901 ft²
|
$1,219,000
2 Bed
-
901 ft²
|
$1,265,000
+3.77%
07/21/2022
|
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
| |
|
05/07/2019
|
2 Bed
|
2 Bath
|
1243 ft²
|
$839,900
2 Bed
2 Bath
1243 ft²
|
$800,000
-4.75%
07/03/2020
|
Mary Corcoran
East Coast Group One Realty
| |
|
08/09/2018
|
2 Bed
|
1 Bath
|
901 ft²
|
$895,000
2 Bed
1 Bath
901 ft²
|
$850,000
-5.03%
06/14/2019
|
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
| |
|
01/30/2015
|
2 Bed
|
2 Bath
|
1053 ft²
|
$895,000
2 Bed
2 Bath
1053 ft²
|
$895,000
05/11/2015
|
Jim Giampa
Carey Giampa, LLC/Rye
| |
|
09/06/2013
|
2 Bed
|
2 Bath
|
901 ft²
|
$699,900
2 Bed
2 Bath
901 ft²
|
$600,000
-14.27%
09/16/2013
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017