3400 Ocean Shore Boulevard #3
About This Property
The manager has listed the unit size as 1797 square feet.
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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.
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 |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | No longer available | - | |
| No longer available | |||
| Jan 9, 2021 | No longer available | - | |
| No longer available | |||
| Oct 4, 2020 | Listed | $475,000 | |
| Listed | |||
| | |||
|
Beautiful ocean views await you in this spectacular 3 bedroom 2 bath townhome with a full size 2 car garage! Unobstructed ocean views are yours from every floor. The huge 3rd floor deck features a wet bar and mini kitchen for first class entertaining. Enjoy evening strolls on the quiet drive free beach just steps from your back door. Features one bedroom downstairs, stainless appliances, second floor loft with prime ocean view, master suite has walk in closet and patio, etched glass front entry door with retractable screen. Recent improvements include newer roof and decking, plantation shutters, hurricane rated windows, water softener, water heater, washer & dryer, outside freshly painted. Smaller pets allowed, minimum 2 week rentals, furniture is negotiable. friendly home owners association with only 6 units. The manager has listed the unit size as 1897 square feet.
| |||
| Sep 22, 2020 | Price Decreased |
$475,000
↓ $10K
(2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2021
|
3 Bed
|
2 Bath
|
1797 ft²
|
$550,000
3 Bed
2 Bath
1797 ft²
|
$520,000
-5.45%
08/09/2021
|
Sherie Zebrowski
Keller Williams Realty Florida Partners
| |
|
03/07/2020
|
3 Bed
|
2 Bath
|
1797 ft²
|
$494,900
3 Bed
2 Bath
1797 ft²
|
$475,000
-4.02%
03/01/2021
|
Cecil Mangham
| |
|
10/02/2020
| |
3 Bed
|
2 Bath
|
1897 ft²
|
$475,000
3 Bed
2 Bath
1897 ft²
|
-
-
|
-
|
|
07/30/2020
|
3 Bed
|
2 Bath
|
1901 ft²
|
$599,000
3 Bed
2 Bath
1901 ft²
|
-
-
|
-
| |
|
11/27/2019
|
3 Bed
|
2 Bath
|
1821 ft²
|
$717,000
3 Bed
2 Bath
1821 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
3 Bed
|
2 Bath
|
1821 ft²
|
-
3 Bed
2 Bath
1821 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Ocean Aire Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017