300 Ocean Drive #21
About This Property
The manager has listed the unit size as 1024 square feet.
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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 26, 2023 | No longer available | - | |
| No longer available | |||
| Aug 19, 2023 | Listed | $299,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/13/2024
|
Loft
|
1.5 Bath
|
1024 ft²
|
$295,000
Loft
1.5 Bath
1024 ft²
|
-
-
|
The Florida Keys Sold Sisters Sarah Ewald and Sabrina Wampler
Ocean Sotheby's International Realty
| |
|
10/05/2023
|
1 Bed
|
1 Bath
|
672 ft²
|
$240,000
1 Bed
1 Bath
672 ft²
|
$240,000
11/14/2023
|
JOY C MARTIN
American Caribbean Real Estate
| |
|
08/19/2023
|
Loft
|
1.5 Bath
|
1024 ft²
|
$299,000
Loft
1.5 Bath
1024 ft²
|
-
-
|
Philip Kravitz
Coldwell Banker Schmitt R.E.
| |
|
04/19/2022
|
2 Bed
|
1.5 Bath
|
1024 ft²
|
$435,000
2 Bed
1.5 Bath
1024 ft²
|
-
-
|
Cliff Glansen
FLATFEE.COM
| |
|
04/09/2022
|
2 Bed
|
2 Bath
|
1024 ft²
|
$349,500
2 Bed
2 Bath
1024 ft²
|
$340,000
-2.72%
07/08/2022
|
Delana Fordham
Real Estate Sales Force, Inc.
| |
|
11/04/2021
|
1 Bed
|
1 Bath
|
672 ft²
|
$279,000
1 Bed
1 Bath
672 ft²
|
-
-
|
Jamie L Martin
Coldwell Banker Schmitt Real E
| |
|
11/04/2021
|
2 Bed
|
1 Bath
|
720 ft²
|
$299,000
2 Bed
1 Bath
720 ft²
|
-
-
|
Jamie L Martin
Coldwell Banker Schmitt Real E
| |
|
02/05/2021
|
2 Bed
|
1 Bath
|
720 ft²
|
$195,000
2 Bed
1 Bath
720 ft²
|
-
-
|
Barbara Eads
Barbara Eads Realty Inc.
| |
|
10/03/2020
|
2 Bed
|
1 Bath
|
720 ft²
|
$184,900
2 Bed
1 Bath
720 ft²
|
-
-
|
-
| |
|
10/03/2020
|
1 Bed
|
1 Bath
|
672 ft²
|
$139,900
1 Bed
1 Bath
672 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017