125 Ocean Avenue #310
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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Singer Island Realty | $425,000 | |
| Listed by Singer Island Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/07/2025
|
2 Bed
|
2 Bath
|
1064 ft²
|
$650,000
2 Bed
2 Bath
1064 ft²
|
$475,000
-26.92%
05/15/2026
|
Jessica Rinaldi
LoKation
| |
|
05/12/2023
|
2 Bed
|
2 Bath
|
1064 ft²
|
$425,000
2 Bed
2 Bath
1064 ft²
|
$410,000
-3.53%
07/25/2023
|
Tony Sacco
Singer Island Real Estate
| |
|
05/09/2023
|
1 Bed
|
1 Bath
|
840 ft²
|
$295,000
1 Bed
1 Bath
840 ft²
|
$235,000
-20.34%
06/12/2023
|
Karin Wilbanks
LPT Realty, LLC
| |
|
08/31/2022
|
2 Bed
|
2 Bath
|
1064 ft²
|
$450,000
2 Bed
2 Bath
1064 ft²
|
$447,750
-0.50%
11/30/2022
|
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
| |
|
08/05/2015
|
2 Bed
|
2 Bath
|
1064 ft²
|
$219,000
2 Bed
2 Bath
1064 ft²
|
$210,000
-4.11%
11/16/2015
|
Jason Salzman
Hat Trick Realty
| |
|
01/08/2011
|
2 Bed
|
2 Bath
|
1064 ft²
|
$209,000
2 Bed
2 Bath
1064 ft²
|
$155,000
-25.84%
11/23/2012
|
Chip Lubeck
Lubeck Realty Group Inc
|
Building Info
About Palm Beach Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017