2701 S Ocean Blvd. #607
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 |
|---|---|---|---|
| Jan 25, 2022 | No longer available | - | |
| No longer available | |||
| Nov 23, 2021 | Listed | $110,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
Studio
|
1 Bath
|
-
|
$134,900
Studio
1 Bath
|
-
-
|
Jenny Ford
Keller Williams Innovate South
| |
|
05/30/2024
|
Studio
|
1 Bath
|
-
|
$100,000
Studio
1 Bath
|
-
-
|
Isaac Larrowe
Real Estate Modo Inc
| |
|
03/25/2024
|
Studio
|
1 Bath
|
-
|
$128,000
Studio
1 Bath
|
-
-
|
Isaac Larrowe
Real Estate Modo Inc
| |
|
03/15/2024
|
Studio
|
1 Bath
|
-
|
$132,500
Studio
1 Bath
|
-
-
|
Richard Sander
Price & Company Realty Inc.
| |
|
02/07/2024
|
Studio
|
1 Bath
|
-
|
$132,500
Studio
1 Bath
|
-
-
|
Mary Adams
Award SC Homes
| |
|
11/16/2022
|
Studio
|
1 Bath
|
-
|
$110,000
Studio
1 Bath
|
-
-
|
John Winzenried
843, Realtor LLC
| |
|
05/20/2022
|
Studio
|
1 Bath
|
-
|
$144,900
Studio
1 Bath
|
$115,000
-20.63%
10/05/2022
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
04/23/2022
|
Studio
|
1 Bath
|
-
|
$159,900
Studio
1 Bath
|
-
-
|
Jeff Forman
Keller Williams MB S. Realty
| |
|
11/23/2021
|
Studio
|
1 Bath
|
-
|
$110,000
Studio
1 Bath
|
-
-
|
Isaac Larrowe
Real Estate Modo Inc
| |
|
10/29/2021
|
Studio
|
1 Bath
|
-
|
$89,000
Studio
1 Bath
|
-
-
|
Tara Coe
The Litchfield Company RE-MB
| |
|
10/22/2021
|
Studio
|
1 Bath
|
-
|
$79,900
Studio
1 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
05/21/2021
|
3 Bed
|
3 Bath
|
-
|
$340,000
3 Bed
3 Bath
|
-
-
|
Gene Carter Team
RE/MAX Southern Shores
| |
|
05/01/2020
|
Studio
|
1 Bath
|
-
|
$69,900
Studio
1 Bath
|
-
-
|
-
| |
|
07/09/2020
|
Studio
|
1 Bath
|
-
|
$65,000
Studio
1 Bath
|
-
-
|
-
| |
|
06/03/2020
|
Studio
|
1 Bath
|
-
|
$79,900
Studio
1 Bath
|
-
-
|
-
| |
|
04/03/2020
|
Studio
|
1 Bath
|
-
|
$80,000
Studio
1 Bath
|
-
-
|
-
| |
|
11/14/2019
|
Studio
|
1 Bath
|
-
|
$79,500
Studio
1 Bath
|
-
-
|
-
| |
|
07/31/2019
|
Studio
|
1 Bath
|
-
|
$57,900
Studio
1 Bath
|
-
-
|
-
| |
|
07/11/2019
|
Studio
|
1 Bath
|
-
|
$102,500
Studio
1 Bath
|
-
-
|
-
| |
|
03/12/2019
|
Studio
|
1 Bath
|
-
|
$74,900
Studio
1 Bath
|
-
-
|
-
| |
|
01/22/2019
|
3 Bed
|
3 Bath
|
-
|
$309,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
12/19/2018
|
Studio
|
1 Bath
|
-
|
$75,000
Studio
1 Bath
|
-
-
|
-
| |
|
08/16/2018
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
| |
|
05/29/2018
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
| |
|
05/29/2018
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
| |
|
07/29/2017
| |
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017