2355 Beach Boulevard #303
About This Property
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$724,999
↓ $104K
(12.6%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$829,000
↓ $70K
(7.8%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by Christie's International Real Estate Sereno | $899,000 | |
| Listed by Christie's International Real Estate Sereno | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2025
|
2 Bed
|
2 Bath
|
958 ft²
|
$899,000
2 Bed
2 Bath
958 ft²
|
$675,000
-24.92%
08/15/2025
|
Tammie Peters
Sereno
| |
|
08/14/2024
|
1 Bed
|
1 Bath
|
1009 ft²
|
$698,000
1 Bed
1 Bath
1009 ft²
|
$743,000
+6.45%
09/19/2024
|
Daniel Smith
El Dorado Properties
| |
|
04/10/2024
| |
2 Bed
|
2 Bath
|
958 ft²
|
$750,000
2 Bed
2 Bath
958 ft²
|
-
-
|
Scott Findlay
RE/MAX Star Properties
|
|
10/26/2018
|
2 Bed
|
2 Bath
|
1209 ft²
|
$799,000
2 Bed
2 Bath
1209 ft²
|
-
-
|
-
| |
|
05/12/2017
|
2 Bed
|
2 Bath
|
958 ft²
|
$649,000
2 Bed
2 Bath
958 ft²
|
$675,000
+4.01%
05/12/2017
|
Gerold Rodriguez
Intero Real Estate Services
| |
|
05/10/2017
|
1 Bed
|
1 Bath
|
758 ft²
|
$549,000
1 Bed
1 Bath
758 ft²
|
$584,000
+6.38%
06/20/2017
|
Allison Akana
Intero Real Estate Services
| |
|
09/30/2014
|
2 Bed
|
2 Bath
|
1162 ft²
|
$548,888
2 Bed
2 Bath
1162 ft²
|
$550,000
+0.20%
01/26/2015
|
Francisco Bautista
DCP Realty- Coastwide Real Estate Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017