20 Ocean Avenue #2
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 |
|---|---|---|---|
| Jun 30, 2016 | Sold | ||
| Sold | |||
| Apr 21, 2016 | Listed by J. Barrett & Company | $499,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Welcome to one floor living in Marblehead with plenty of PARKING!! Recently updated unit is conveniently located at the corner of Atlantic and Ocean Streets. There are maple cabinets, granite and stainless steel appliances in the kitchen, Well appointed walk in closet, fireplace master bedroom with MR BA and whirlpool tub. The living room has wonder natural light, hardwood floors, central AC and a view of the patio and pool. The rooms are generous in size and there is a private storage area in the basement. Come to Marblehead! Just around the corner from shopping, Devereaux Beach, the Library, Seaside Park and the Harbor. Do not wait on this one!! Easy to show.
| |||
| Jun 1, 2015 | Sold | ||
| Sold | |||
| Mar 17, 2015 | Listed by J. Barrett & Company | $449,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
This is it--the carefree lifestyle you’ve been waiting for! Easy access to this first floor, one level 1400 s.f. condo. Bright, spacious feeling 2 bedroom, 2 full bath with high ceilings. Gorgeous, new expertly designed kitchen and bath, 2 car parking, central air, oversized master with fireplace, great closet space and in-unit laundry. Don't let this one pass you by.
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| Jun 30, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/29/2022
|
4 Bed
|
3 Bath
|
-
|
$799,000
4 Bed
3 Bath
|
-
-
|
Beth Dickerson
Gibson Sotheby's International Realty
| |
|
05/13/2020
|
4 Bed
|
2 Bath
|
2725 ft²
|
$683,500
4 Bed
2 Bath
2725 ft²
|
$683,500
06/25/2020
|
Merry Fox Team
MerryFox Realty
| |
|
09/10/2019
|
3 Bed
|
2 Bath
|
1578 ft²
|
$479,900
3 Bed
2 Bath
1578 ft²
|
$510,000
+6.27%
11/08/2019
|
Kristin King
Coldwell Banker Realty - Marblehead
| |
|
09/12/2017
|
4 Bed
|
3 Bath
|
2725 ft²
|
$569,000
4 Bed
3 Bath
2725 ft²
|
$520,000
-8.61%
05/04/2018
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
| |
|
04/21/2016
|
2 Bed
|
2 Bath
|
1406 ft²
|
$499,900
2 Bed
2 Bath
1406 ft²
|
$485,000
-2.98%
06/30/2016
|
Gail Guittarr
J. Barrett & Company
| |
|
03/17/2015
|
2 Bed
|
2 Bath
|
1406 ft²
|
$449,900
2 Bed
2 Bath
1406 ft²
|
$452,150
+0.50%
06/01/2015
|
Gail Guittarr
J. Barrett & Company
| |
|
01/18/2010
|
4 Bed
|
2 Bath
|
3063 ft²
|
$499,000
4 Bed
2 Bath
3063 ft²
|
$435,000
-12.83%
07/23/2010
|
Goldberg - Jones
Sagan Agency REALTORS®
| |
|
05/15/2007
|
2 Bed
|
2 Bath
|
1406 ft²
|
$449,900
2 Bed
2 Bath
1406 ft²
|
$449,900
06/30/2008
|
Sharon Livermore
Coldwell Banker Realty - Marblehead
| |
|
03/23/2004
|
3 Bed
|
2 Bath
|
1578 ft²
|
$494,000
3 Bed
2 Bath
1578 ft²
|
$480,000
-2.83%
08/04/2004
|
Joanna Schrenko
Sagan Agency REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017