33 Ocean Blvd #3
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Invest Realty Group | $610,000 | |
| Listed by Invest Realty Group | |||
| Dec 28, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by Keller Williams Realty Metro-Londonderry | $344,900 | |
| Listed by Keller Williams Realty Metro-Londonderry | |||
| | |||
|
This unit is rented and the gross income this year to date is $21,384.68. Are you an investor or someone who would love to live close to the beach? This beautiful condo is the place for you. It has 2 bedrooms and 2 1/2 baths. Built in 2016 this townhouse offers a private deck, 2 deeded parking spots, a gas fireplace, huge walk-in closets, granite countertops in the kitchen and bathrooms, and most importantly ... it is located just one block from the beach. What is even better is that you don’t need to worry about flood insurance because the property is safely out of the flood zone. How about having a beautiful place to live, but also being able to rent it during the summer and make some extra money if you prefer?
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2024
|
2 Bed
|
3 Bath
|
1564 ft²
|
$610,000
2 Bed
3 Bath
1564 ft²
|
$585,000
-4.10%
05/22/2024
|
Albert Silva
Invest Realty Group
| |
|
04/30/2021
|
2 Bed
|
3 Bath
|
1570 ft²
|
$679,900
2 Bed
3 Bath
1570 ft²
|
$665,000
-2.19%
06/24/2021
|
Keith Crowley
Calabria Properties, LLC
| |
|
06/03/2019
|
2 Bed
|
3 Bath
|
1470 ft²
|
$459,900
2 Bed
3 Bath
1470 ft²
|
$454,000
-1.28%
09/09/2019
|
Caprice Pascoe
Caprice Pascoe Real Estate Group
| |
|
05/18/2019
|
2 Bed
|
3 Bath
|
1486 ft²
|
$524,900
2 Bed
3 Bath
1486 ft²
|
$510,000
-2.84%
11/05/2019
|
Doug Canney
Classic Homes Realty, LLC
| |
|
03/08/2019
|
2 Bed
|
3 Bath
|
1664 ft²
|
$425,000
2 Bed
3 Bath
1664 ft²
|
$410,000
-3.53%
10/30/2019
|
Catharine Bray
KW Coastal and Lakes & Mountains Realty
| |
|
03/09/2019
|
2 Bed
|
3 Bath
|
1386 ft²
|
$435,000
2 Bed
3 Bath
1386 ft²
|
$425,000
-2.30%
04/29/2019
|
Mike Lally
BHG Masiello Hampton
| |
|
08/09/2018
|
2 Bed
|
3 Bath
|
1386 ft²
|
$445,900
2 Bed
3 Bath
1386 ft²
|
$422,000
-5.36%
10/12/2018
|
Caprice Pascoe
Caprice Pascoe Real Estate Group
| |
|
09/05/2018
|
2 Bed
|
3 Bath
|
1470 ft²
|
$459,900
2 Bed
3 Bath
1470 ft²
|
$454,000
-1.28%
09/09/2019
|
Caprice Pascoe
| |
|
08/09/2018
|
2 Bed
|
3 Bath
|
1596 ft²
|
$344,900
2 Bed
3 Bath
1596 ft²
|
$348,000
+0.90%
12/28/2018
|
Caprice Pascoe
Caprice Pascoe Real Estate Group
| |
|
12/11/2017
|
2 Bed
|
3 Bath
|
1364 ft²
|
$359,900
2 Bed
3 Bath
1364 ft²
|
$350,000
-2.75%
03/09/2018
|
Niko Crowley
Century 21 McLennan & Company
| |
|
12/11/2017
|
2 Bed
|
2 Bath
|
1664 ft²
|
$389,900
2 Bed
2 Bath
1664 ft²
|
$384,000
-1.51%
04/16/2018
|
Niko Crowley
Century 21 McLennan & Company
| |
|
07/30/2017
| |
2 Bed
|
2.5 Bath
|
1664 ft²
|
-
2 Bed
2.5 Bath
1664 ft²
|
-
-
|
-
|
|
08/05/2016
|
2 Bed
|
3 Bath
|
1437 ft²
|
$359,900
2 Bed
3 Bath
1437 ft²
|
$330,000
-8.31%
09/23/2016
|
SeMone Barberian
Bean Group
| |
|
08/05/2016
|
2 Bed
|
3 Bath
|
1388 ft²
|
$429,900
2 Bed
3 Bath
1388 ft²
|
$420,000
-2.30%
10/06/2016
|
SeMone Barberian
Bean Group / Londonderry
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017