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2360 OCEAN SHORE BOULEVARD #27
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%.
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 |
|---|---|---|---|
| Jul 17, 2026 | Listed by RE/MAX ASSURED | $1,536,588 | |
| Listed by RE/MAX ASSURED | |||
| Jun 18, 2025 | Listed | $1,726,504 | |
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Introducing Bailey by the Sea, a new concept in luxury beach living at our exclusive enclave in Ormond by the Sea. With breathtaking sunrise ocean views and sunsets over the Intracoastal, this collection of 32 residences offers upscale multi-level living with ample deck space, amenities, and private beach access. For those looking for a luxurious living space ideally suited to your personal style and esthetic, there are four thoughtfully chosen floor plans and 3 designer selected interior options to choose from. Envisioned for today's easy living, the villas at Bailey by the Sea are designed with breezy, open floor plans, opulent fixtures and finishings, and a plethora of style. Ocean-facing windows and balconies provide an indoor-outdoor lifestyle with views over the sparkling Atlantic and Intracoastal. All floor plans range from 2,554 to 2793 square feet with 2 or 3 bedrooms, 2 or 3 full bathrooms, 2 half baths, and plenty of additional flex space including lofty ceilings, garage, summer kitchen, motorized pergola, 2 sky-decks, and private in-home elevator. The community grounds are your own personal paradise with a resort style pool, private beach access, and fully gated premises. While not indulging in the exclusive living of Bailey by the Sea, the surrounding area is just as impressive. Ormond by the Sea is the quintessential beachside escape with a variety of local beaches, restaurants, a Publix, and other everyday conveniences. Also, within a short drive is the boutique style main street of Ormond Beach, booming Daytona Beach attractions, nearby Flagler Beach, and St. Augustine. When not enjoying the refined living of Bailey by the Sea, every need or desire is at your fingertips from shopping, dining, entertainment, and nature in the surrounding area of Ormond by the Sea.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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04/09/2019
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Studio
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3894 ft²
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$799,000
Studio
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3894 ft²
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Building Info
- 3 Units for Sale
About Ormond-by-the-Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017