1750 Ocean Front #2
About This Property
The manager has listed the unit size as 991 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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | Listed | $3,750,000 | |
| Listed | |||
| | |||
|
Live your dream on the sand in the exclusive Del Mar Beach Colony. No expense was spared in 2016 when it was completely rebuilt with the highest quality level. The contemporary beach-chic styling offers modern amenities and exceptional one-of-a-kind details. Vanishing glass doors open onto the imported wood deck leading to the sandy beach and breathtaking views. Relaxing bedroom retreat with fireplace, private sun drenched patio, spa like bath with steam shower, and heated flooring. Upgrades include smart home automation and security, all new Miele appliances, two wine refrigerators and tankless hot water heater. 1 car attached garage plus 2 additional parking spaces for family and friends. Selling fully furnished all Roche Bobois.
| |||
| Dec 12, 2023 | Price Decreased |
$3,950,000
↓ $245K
(5.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2024
|
1 Bed
|
1 Bath
|
949 ft²
|
$3,750,000
1 Bed
1 Bath
949 ft²
|
$3,500,000
-6.67%
09/30/2024
|
Jason Barry
Barry Estates
| |
|
07/10/2023
|
1 Bed
|
1 Bath
|
991 ft²
|
$4,795,000
1 Bed
1 Bath
991 ft²
|
-
-
|
Jason Barry
Barry Estates
| |
|
11/19/2018
|
2 Bed
|
3 Bath
|
1100 ft²
|
$2,595,000
2 Bed
3 Bath
1100 ft²
|
$2,500,000
-3.66%
01/07/2019
|
Janet McMahon
Real Living Lifestyles
| |
|
05/09/2018
| |
3 Bed
|
4 Bath
|
2459 ft²
|
-
3 Bed
4 Bath
2459 ft²
|
-
-
|
-
|
|
08/29/2017
| |
2 Bed
|
3 Bath
|
1100 ft²
|
-
2 Bed
3 Bath
1100 ft²
|
-
-
|
-
|
|
09/09/2016
|
2 Bed
|
2 Bath
|
949 ft²
|
$3,200,000
2 Bed
2 Bath
949 ft²
|
$2,440,000
-23.75%
10/28/2016
|
Dina Trafficanda
HomeSmart Realty West
| |
|
06/05/2013
|
3 Bed
|
3 Bath
|
1749 ft²
|
$2,995,000
3 Bed
3 Bath
1749 ft²
|
$3,135,000
+4.67%
10/18/2013
|
Orva Harwood
Berkshire Hathaway HomeService
|
Building Info
About Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017