1750 OCEAN FRONT #B
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 |
|---|---|---|---|
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Sep 9, 2016 | Listed by E&V Ranch and Coast, Inc. | $3,200,000 | |
| Listed by E&V Ranch and Coast, Inc. | |||
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