33 Ocean Boulevard #5
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%.
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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.
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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 |
|---|---|---|---|
| Oct 30, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by KW Coastal and Lakes & Mountains Realty | $425,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Apr 16, 2018 | Sold | ||
| Sold | |||
| Dec 11, 2017 | Listed by Keller Williams Coastal Realty | $389,900 | |
| Listed by Keller Williams Coastal Realty | |||
| | |||
|
Spectacular new-build condominium unit just one block to the ocean! This unit offers ocean views from both levels! The open concept layout, superior design and development of this unit make it a “must see”. This condominium development of 12 units offers unique floor plans with superb detail. The first floor has a half bath, kitchen with granite counters and stainless appliances that opens out to the living room with a gas fireplace. Out the front door is a private fenced in sitting area to enjoy the sun and ocean breeze, providing a front and center seat to the beach environment! The second level has 2 bedrooms each with their own full bath. The master faces east towards the ocean and is very spacious with a large walk in closet. The master offers a marvelous walk out deck with a plexiglass rail to enjoy sunrise and sunset and the sound of waves crashing on the beach. Sip on your morning beverage while enjoying glorious views and the peacefulness of living at the beach!
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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 |
|---|---|---|---|---|---|---|---|
|
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