23 Island Path Road #D5
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | Listed by H&K REALTY | $385,000 | |
| Listed by H&K REALTY | |||
| | |||
|
Stunning, upgraded, Hampton Beach Condominium in a Prime Location close to the Beach, Hatch Shell and all Main Beach activities as well as easy access to Rte 101. An end unit, freshly painted, and recently upgraded, within the last two years, with new flooring, windows, replaced skylight, mini split for heat and air, granite counters and island, SS appliances, composite decking and HardiePlank Siding. The Two Car Garage plus 2 Parking Spaces offer ample parking plus storage, and a washer and dryer. You will love the Beach lifestyle: kayak at the end of Island Path, surf the wall at 10th Street, restaurants and entertainment close by plus Free Resident parking at North Beach and Multiple other locations. Enjoy a breathtaking ride up 1A to Portsmouth or a 30 minute ride to Newburyport. Town planned upgrades to the Casino and Main Beach, and a low condo fee, make this home an amazing Investment whether you use it for a getaway, investment property, or both. Two family pets are allowed with Association approval. Seller is a licensed Real Estate Broker. Shown by appointment. Offers due by September 19, 2025.
| |||
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Bean Group / Portsmouth | $278,000 | |
| Listed by Bean Group / Portsmouth | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
2 Bed
|
1 Bath
|
578 ft²
|
$385,000
2 Bed
1 Bath
578 ft²
|
$385,000
10/29/2025
|
Donna Desrosiers
Bean Group / Portsmouth
| |
|
06/29/2023
|
1 Bed
|
1 Bath
|
578 ft²
|
$359,900
1 Bed
1 Bath
578 ft²
|
$320,000
-11.09%
08/18/2023
|
Robert Holder
Keller Williams Coastal Realty
| |
|
05/06/2021
|
1 Bed
|
1 Bath
|
578 ft²
|
$295,000
1 Bed
1 Bath
578 ft²
|
$287,500
-2.54%
05/28/2021
|
Bev McClellan
Bean Group / Portsmouth
| |
|
04/23/2021
|
2 Bed
|
1 Bath
|
578 ft²
|
$278,000
2 Bed
1 Bath
578 ft²
|
$270,000
-2.88%
06/11/2021
|
Bev McClellan
Bean Group / Portsmouth
| |
|
04/22/2021
|
2 Bed
|
1 Bath
|
578 ft²
|
$288,000
2 Bed
1 Bath
578 ft²
|
$290,000
+0.69%
06/08/2021
|
Bev McClellan
Bean Group / Portsmouth
| |
|
04/21/2021
|
2 Bed
|
1 Bath
|
578 ft²
|
$278,000
2 Bed
1 Bath
578 ft²
|
$275,000
-1.08%
05/28/2021
|
Bev McClellan
Bean Group / Portsmouth
| |
|
04/21/2021
|
2 Bed
|
1 Bath
|
578 ft²
|
$288,000
2 Bed
1 Bath
578 ft²
|
$288,000
05/24/2021
|
Bev McClellan
Bean Group / Portsmouth
| |
|
04/20/2021
|
2 Bed
|
1 Bath
|
578 ft²
|
$283,000
2 Bed
1 Bath
578 ft²
|
$282,000
-0.35%
06/16/2021
|
Bev McClellan
Bean Group / Portsmouth
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017