325 Ocean Drive #310
About This Property
The manager has listed the unit size as 902 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 |
|---|---|---|---|
| May 31, 2019 | No longer available | - | |
| No longer available | |||
| Mar 8, 2019 | Price Decreased |
$637,000
↓ $12K
(1.9%) | |
| Price Decreased | |||
| Feb 1, 2019 | Price Decreased |
$649,000
↓ $24K
(3.6%) | |
| Price Decreased | |||
| Jan 25, 2019 | Price Decreased |
$673,000
↓ $12K
(1.8%) | |
| Price Decreased | |||
| Jan 3, 2019 | Listed | $685,000 | |
| Listed | |||
| | |||
|
OCEANFRONT DIRECT WATERFRONT VIEWS!! Rarely available corner unit with 900+ s.f. in the exclusive South of Fifth neighborhood on Ocean Drive This extra large unit can be designed to be a two bedroom/convertible or den instantly. This private oceanfront end unit delivers ever changing views. Walk to world-class parks, restaurants and shopping within minutes. Easy to show to an all cash qualified buyer. Bring offers !! The manager has listed the unit size as 902 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/20/2023
|
1 Bed
|
1 Bath
|
654 ft²
|
$399,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Claudia Llanes
Douglas Elliman
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
654 ft²
|
$645,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Edenilce Andrade
Keller Williams Realty SW
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
654 ft²
|
$419,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Maria Ciolcan
Waterfront Investment Real Estate
| |
|
09/14/2021
|
1 Bed
|
1.5 Bath
|
902 ft²
|
$615,000
1 Bed
1.5 Bath
902 ft²
|
-
-
|
RICHARD CORRALES
SILVERLEAF REALTY GROUP
| |
|
07/21/2021
|
1 Bed
|
1 Bath
|
654 ft²
|
$299,900
1 Bed
1 Bath
654 ft²
|
$260,000
-13.30%
10/05/2021
|
Veronica Crego-Flores
Genstone Realty
| |
|
09/30/2020
|
1 Bed
|
1 Bath
|
654 ft²
|
$150,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Joel Dominguez
Related ISG International Realty
| |
|
01/03/2019
|
1 Bed
|
2 Bath
|
902 ft²
|
$685,000
1 Bed
2 Bath
902 ft²
|
-
-
|
Scott Betten
Income Real Estate, Inc.
| |
|
06/19/2018
|
1 Bed
|
2 Bath
|
902 ft²
|
-
1 Bed
2 Bath
902 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
654 ft²
|
-
1 Bed
1 Bath
654 ft²
|
-
-
|
-
|
|
09/06/2009
|
1 Bed
|
1 Bath
|
654 ft²
|
$159,000
1 Bed
1 Bath
654 ft²
|
$150,000
-5.66%
07/19/2010
|
Richard Bass
Nexus Miami R E Group LLC
|
Building Info
About South Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017