2220 Ocean Shore Boulevard #503A
About This Property
The manager has listed the unit size as 1150 square feet.
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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 |
|---|---|---|---|
| Mar 15, 2023 | No longer available | - | |
| No longer available | |||
| Mar 4, 2023 | Listed | $499,000 | |
| Listed | |||
| | |||
|
This stunning, fully-furnished 2 bedroom, 2 bath, oceanfront condominium offers breathtaking, unobstructed ocean views from the top-floor of a 5-story building. Located in highly sought-after Ormond-by-the-Sea, this unit boasts an open, airy and bright atmosphere, with beautiful Italian Porcelain tile flooring throughout. The entire unit has been completely remodeled and updated to the highest standard, providing a modern and elegant living space. The kitchen is a chef's dream, featuring the highest-grade Emerald Sapphire granite countertops, Jenn Air stainless steel appliances, and ample storage space. Enjoy plenty of parking with dedicated above-ground, underground garage and guest parking spots. Situated across A1A from the ocean, residents can enjoy easy access to the pristine The manager has listed the unit size as 1150 square feet.
| |||
| Mar 18, 2022 | No longer available | - | |
| No longer available | |||
| Mar 14, 2022 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Mar 8, 2022 | Listed | $465,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2024
|
2 Bed
|
2 Bath
|
1150 ft²
|
$335,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Matthew Oechslin
Gaff's Realty Company
| |
|
08/24/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$407,500
2 Bed
2 Bath
1150 ft²
|
-
-
|
Matthew Renshaw
Realty Pros Assured
| |
|
03/04/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$499,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Sarah Caudill
Florida Life Real Estate Group
| |
|
03/08/2022
|
2 Bed
|
2 Bath
|
1150 ft²
|
$465,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Matthew Oechslin
Gaff's Realty Company
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1283 ft²
|
$244,900
2 Bed
2 Bath
1283 ft²
|
$244,900
08/16/2021
|
Diane Morgan
Realty Pros Assured
| |
|
03/24/2021
|
2 Bed
|
2 Bath
|
1150 ft²
|
$289,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
| |
|
04/18/2020
|
2 Bed
|
2 Bath
|
1283 ft²
|
$242,000
2 Bed
2 Bath
1283 ft²
|
-
-
|
-
| |
|
03/11/2020
|
2 Bed
|
2 Bath
|
1150 ft²
|
$208,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
| |
|
01/29/2020
|
2 Bed
|
2 Bath
|
1150 ft²
|
$254,000
2 Bed
2 Bath
1150 ft²
|
$235,000
-7.48%
04/24/2020
|
Matthew Oechslin
| |
|
02/18/2019
|
2 Bed
|
2 Bath
|
1283 ft²
|
$219,900
2 Bed
2 Bath
1283 ft²
|
$195,000
-11.32%
07/16/2019
|
Herve Barbera
| |
|
12/19/2018
|
2 Bed
|
2 Bath
|
1150 ft²
|
$225,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
| |
|
12/06/2018
| |
2 Bed
|
2 Bath
|
1282 ft²
|
$210,500
2 Bed
2 Bath
1282 ft²
|
-
-
|
-
|
|
10/18/2018
|
2 Bed
|
2 Bath
|
1283 ft²
|
$214,900
2 Bed
2 Bath
1283 ft²
|
-
-
|
-
| |
|
10/06/2018
|
2 Bed
|
2 Bath
|
1283 ft²
|
$214,900
2 Bed
2 Bath
1283 ft²
|
$195,000
-9.26%
02/11/2019
|
Deborah Carter
| |
|
06/11/2018
|
2 Bed
|
2 Bath
|
1283 ft²
|
-
2 Bed
2 Bath
1283 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1283 ft²
|
-
2 Bed
2 Bath
1283 ft²
|
-
-
|
-
|
|
01/20/2010
|
2 Bed
|
2 Bath
|
1150 ft²
|
$119,900
2 Bed
2 Bath
1150 ft²
|
$105,000
-12.43%
10/14/2010
|
MEMORY HOPKINS
KELLER WILLIAMS REALTY ATLANTIC
|
Building Info
- 1 Unit for Sale
About Ocean House Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017