2203 Ocean Boulevard #1
About This Property
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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.
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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 1, 2021 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by Dreamcrest Realty | $775,000 | |
| Listed by Dreamcrest Realty | |||
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Mar 23, 2018 | Listed by Dreamcrest Realty | $599,900 | |
| Listed by Dreamcrest Realty | |||
| | |||
|
PRICE IMPROVEMENT !!! Come and experience what seaside living is all about at this one of a kind, 3 bedroom condominium at Jenness Beach. You cannot get this close to the beach at this price offering. Enjoy ocean views from just about every room including the eat-in kitchen, dining area, living room, and all three bedrooms. Lots of natural light in the eat-in kitchen with plenty of cabinets and storage. Enjoy the ocean breeze from the spacious living room with wet bar and gas fireplace. The 3/4 bath with laundry and common area sitting porch round out the main floor. Spectacular views from the separate master suite with full bath, walk-in closet and deck. Finish the day off on the deck overlooking the sights, sounds and all the activity that Jenness has to offer. In addition, the unit has central air, storage for bikes, surfboards and beach gear. Great rental history with excellent income in both summer and off seasons. On premise and street parking. Walk to restaurants, surf shop and shopping and just a short drive to downtown Portsmouth and Hampton Beach. Pet Friendly! Summer Rentals to be honored.
| |||
| Oct 12, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2021
|
3 Bed
|
1 Bath
|
1861 ft²
|
$775,000
3 Bed
1 Bath
1861 ft²
|
$785,000
+1.29%
09/01/2021
|
William Graham
Dreamcrest Realty
| |
|
03/23/2018
|
3 Bed
|
1 Bath
|
1861 ft²
|
$599,900
3 Bed
1 Bath
1861 ft²
|
$573,000
-4.48%
09/05/2018
|
William Graham
Dreamcrest Realty
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
604 ft²
|
-
1 Bed
1 Bath
604 ft²
|
-
-
|
-
|
|
06/01/2017
|
1 Bed
|
1 Bath
|
604 ft²
|
$299,900
1 Bed
1 Bath
604 ft²
|
$286,533
-4.46%
08/30/2017
|
Sandra Chaisson
RE/MAX Rising Tide/Madden Group
| |
|
05/29/2012
|
3 Bed
|
1 Bath
|
1861 ft²
|
$550,000
3 Bed
1 Bath
1861 ft²
|
$510,000
-7.27%
10/12/2012
|
William Graham
Dreamcrest Realty
| |
|
07/11/2003
| |
Loft
|
7 Bath
|
6903 ft²
|
$1,300,000
Loft
7 Bath
6903 ft²
|
$1,050,000
-19.23%
01/14/2005
|
Grace Hamilton
LAER Realty Partners
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017