3435 N Ocean Boulevard
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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 |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by The Corcoran Group | $25,250,000 | |
| Listed by The Corcoran Group | |||
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The wide stretch of tranquil blue ocean, pristine sandy beaches, lush green landscaping dotted with tropical palm trees are some of the attributes that define 3435 N. Ocean Blvd. Playful yet pragmatic, this superb coastal estate was completed with unsurpassed attention to detail and is sited on 100' of oceanfront in the exclusive town of Gulfstream. Featuring 8,359 TSF, 4 bedrooms, 4.1 bath main house and an attached guest house with a bedroom and bathroom. Upon entering, guests and family are greeted with wide-open spaces creating a balanced composition of expansive ocean views blended with floor to ceiling glass infusing the interior with abundant natural light. The first floor encompasses sweeping duel staircases an open living room, formal dining room, an ocean facing Guest suite, spacious office, and The first floor encompasses sweeping duel staircases an open living room, formal dining room, an ocean facing Guest suite, spacious office, and The epicurean master chef's kitchen features top-shelf appliances, /fine/custom cabinetry, large island with stone countertops. Adjacent to the kitchen is a casual dining area and an/inviting gathering room with sliding glass doors to the loggia and ocean. Offering the owner a sense of Zen within its doors, the second floor master retreat features wide ocean views plus a balcony, large walk-in closets, and a luxurious master bath. Two additional en-suite bedrooms and oversized lounge area complete the second floor. Additional features include a gated entrance, a three-car garage, generator, and a fireplace just to name a few. The harmoniously and flexible design creates a loving home that invites going barefoot, enjoying languid afternoons sipping mojitos or just enjoying the sound of the ocean, the smell of the sea salt and the glow of sunrise. Family and guests enjoy easy access to a medley of fine dining, boutique shopping and top performing cultural events in Delray Beach and Palm Beach. Ready for the discerning buyer to enjoy the good life.
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| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by The Corcoran Group | $23,000,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
The wide stretch of tranquil blue ocean, pristine sandy beaches, and lush green landscaping dotted with tropical palm trees are some of the attributes that define 3435 N. Ocean Blvd. Playful yet pragmatic, this superb coastal estate was completed with unsurpassed attention to detail and is sited on 100' of oceanfront in the exclusive town of Gulf Stream. Featuring 8,359 TSF, 5 Bedrooms plus 5.1 baths the home oozes a relaxed beach vibe. Upon entering, guests and family are greeted with wide-open spaces creating a balanced composition of expansive ocean views blended with floor-to-ceiling glass infusing the interior with abundant natural light. The first floor encompasses sweeping duel staircases, an open living room, a formal dining room, an ocean-facing Guest suite, a spacious office, and an additional private sitting/library room. The Epicurean master chef's kitchen features top-shelf appliances, /fine/custom cabinetry, large island with stone countertops. Adjacent to the kitchen is a casual dining area and an/inviting gathering room with sliding glass doors to the loggia and ocean. Offering the owner a sense of Zen within its doors, the second-floor master retreat features wide ocean views plus a balcony, large walk-in closets, and a luxurious master bath. Two additional en-suite bedrooms and an oversized lounge area complete the second floor. Additional features include a gated entrance, a three-car garage, and a fireplace just to name a few. The harmonious and flexible design creates a loving home that invites going barefoot, enjoying languid afternoons sipping mojitos or just enjoying the sound of the ocean, the smell of the sea salt, and the glow of sunrise. Family and guests enjoy easy access to a medley of fine dining, boutique shopping, and top-performing cultural events in Delray Beach and Palm Beach. Ready for the discerning buyer to enjoy the good life.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Gulfstream Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017