345 Ocean Dr #607
About This Property
The manager has listed the unit size as 656 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 |
|---|---|---|---|
| Aug 4, 2022 | No longer available | - | |
| No longer available | |||
| May 26, 2022 | Listed | $488,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2023
|
1 Bed
|
1 Bath
|
654 ft²
|
$440,000
1 Bed
1 Bath
654 ft²
|
-
-
|
Juliana Marquez
Beachfront Realty Inc
| |
|
04/14/2023
|
1 Bed
|
1 Bath
|
648 ft²
|
$369,000
1 Bed
1 Bath
648 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
03/25/2023
|
1 Bed
|
1 Bath
|
659 ft²
|
$475,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Alejandro Briceno
Hahne Real Estate
| |
|
01/18/2023
|
1 Bed
|
1 Bath
|
662 ft²
|
$449,000
1 Bed
1 Bath
662 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
12/15/2022
|
1 Bed
|
1 Bath
|
769 ft²
|
$850,000
1 Bed
1 Bath
769 ft²
|
-
-
|
Stefania Cambarau
Douglas Elliman
| |
|
12/08/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$375,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Amaya Castro
The Keyes Company
| |
|
06/24/2022
|
Studio
|
1 Bath
|
605 ft²
|
$349,000
Studio
1 Bath
605 ft²
|
$345,000
-1.15%
03/28/2023
|
Danell Van Orden
The Keyes Company
| |
|
06/24/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$599,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
04/21/2022
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
08/01/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$635,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
09/26/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$399,999
1 Bed
1 Bath
659 ft²
|
-
-
|
Andres Asion
Miami Real Estate Group, LLC
| |
|
09/07/2022
|
1 Bed
|
1 Bath
|
731 ft²
|
$590,000
1 Bed
1 Bath
731 ft²
|
-
-
|
Sonja Vera
C&M Partners Realty Inc
| |
|
08/29/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$699,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
08/29/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$412,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Sylvia Smith-Levine
Smith Associates, Inc
| |
|
08/08/2022
|
Studio
|
1 Bath
|
407 ft²
|
$399,000
Studio
1 Bath
407 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
07/08/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$499,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
06/28/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$474,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
06/27/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$488,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
06/18/2022
|
1 Bed
|
1 Bath
|
656 ft²
|
$488,000
1 Bed
1 Bath
656 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
05/26/2022
|
1 Bed
|
1 Bath
|
656 ft²
|
$488,000
1 Bed
1 Bath
656 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
05/17/2022
|
1 Bed
|
1 Bath
|
662 ft²
|
$430,000
1 Bed
1 Bath
662 ft²
|
-
-
|
Jeanette Guadarrama
Tropic Properties
| |
|
05/14/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$495,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Ken Rubman LLC
Keller Williams Eagle Realty
| |
|
12/28/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$420,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Barbara Cruzado
Coldwell Banker Realty
| |
|
03/29/2022
|
Studio
|
1 Bath
|
407 ft²
|
$353,000
Studio
1 Bath
407 ft²
|
-
-
|
Jacqueline Moss
Moss Miami Realty
| |
|
03/04/2022
|
1 Bed
|
1 Bath
|
648 ft²
|
$385,000
1 Bed
1 Bath
648 ft²
|
-
-
|
Harry Baxter
Fortune International Realty Brickell Inc
| |
|
03/03/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$649,000
1 Bed
1 Bath
659 ft²
|
$600,000
-7.55%
04/19/2022
|
Danell Van Orden
The Keyes Company
| |
|
03/01/2022
|
1 Bed
|
1 Bath
|
656 ft²
|
$465,000
1 Bed
1 Bath
656 ft²
|
$470,000
+1.08%
05/10/2022
|
Keren Bajaroff Rabbino
DK International Rlty Inc.
| |
|
10/22/2021
|
Studio
|
1 Bath
|
-
|
$319,900
Studio
1 Bath
|
-
-
|
M. Carolina Cardoso PA
United Realty Group Inc
| |
|
02/04/2022
|
1 Bed
|
1 Bath
|
662 ft²
|
$400,000
1 Bed
1 Bath
662 ft²
|
-
-
|
Alessia Marelli
Redilco Int'l Real Estate, LLC
| |
|
01/31/2022
|
1 Bed
|
1 Bath
|
662 ft²
|
$395,000
1 Bed
1 Bath
662 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
01/22/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$389,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Ethelbert Bascom
Florida Home Sales and Invest.
| |
|
01/19/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$545,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Sean Haney
ONE Sotheby's International Re
| |
|
01/18/2022
|
1 Bed
|
1 Bath
|
688 ft²
|
$699,000
1 Bed
1 Bath
688 ft²
|
-
-
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
656 ft²
|
$409,000
1 Bed
1 Bath
656 ft²
|
$396,000
-3.18%
07/27/2022
|
Danell Van Orden
The Keyes Company
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
662 ft²
|
$380,000
1 Bed
1 Bath
662 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
12/15/2021
|
1 Bed
|
1 Bath
|
656 ft²
|
$555,000
1 Bed
1 Bath
656 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
12/08/2021
|
1 Bed
|
1 Bath
|
662 ft²
|
$489,000
1 Bed
1 Bath
662 ft²
|
$480,000
-1.84%
02/23/2022
|
Thomas Bichi
Keller Williams Miami Beach Realty
| |
|
11/14/2021
|
3 Bed
|
2 Bath
|
-
|
$1,182,000
3 Bed
2 Bath
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
11/05/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$399,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Andrei Liam Stefanov
Fortune International Realty Brickell Inc
| |
|
11/03/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$399,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
10/25/2021
|
Studio
|
1 Bath
|
605 ft²
|
$304,999
Studio
1 Bath
605 ft²
|
-
-
|
Alberto Tavel
Active Realty
| |
|
09/21/2021
|
1 Bed
|
1 Bath
|
656 ft²
|
$625,000
1 Bed
1 Bath
656 ft²
|
-
-
|
Fanny Perez
Beachfront Realty Inc
| |
|
09/14/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$349,900
1 Bed
1 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
07/15/2021
|
Studio
|
1 Bath
|
407 ft²
|
$329,000
Studio
1 Bath
407 ft²
|
-
-
|
Anthony Scalzo
The Keyes Company
| |
|
05/08/2021
|
Studio
|
1 Bath
|
407 ft²
|
$375,000
Studio
1 Bath
407 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
03/26/2021
|
Studio
|
1 Bath
|
605 ft²
|
$300,000
Studio
1 Bath
605 ft²
|
$290,000
-3.33%
07/27/2021
|
Cristiano Marinari
American Request Co.
| |
|
01/29/2021
|
1 Bed
|
1 Bath
|
654 ft²
|
$359,000
1 Bed
1 Bath
654 ft²
|
$349,000
-2.79%
11/10/2021
|
Caroline Carrara
Balistreri Real Estate Inc
| |
|
01/13/2021
|
1 Bed
|
1 Bath
|
659 ft²
|
$465,000
1 Bed
1 Bath
659 ft²
|
$430,000
-7.53%
05/03/2021
|
Maria Pilar Lecha Puig
EXP Realty LLC
| |
|
01/04/2021
|
Studio
|
1 Bath
|
407 ft²
|
$339,000
Studio
1 Bath
407 ft²
|
-
-
|
Jacqueline Moss
Moss Miami Realty
| |
|
11/17/2020
|
1 Bed
|
2 Bath
|
659 ft²
|
$555,000
1 Bed
2 Bath
659 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
10/07/2020
|
1 Bed
|
1 Bath
|
656 ft²
|
$699,000
1 Bed
1 Bath
656 ft²
|
-
-
|
Danell Van Orden
The Keyes Company
| |
|
06/23/2020
|
1 Bed
|
1 Bath
|
656 ft²
|
$290,000
1 Bed
1 Bath
656 ft²
|
$285,000
-1.72%
09/11/2020
|
Jaclyn Bild
Douglas Elliman
| |
|
06/02/2020
|
1 Bed
|
1 Bath
|
659 ft²
|
$425,000
1 Bed
1 Bath
659 ft²
|
-
07/07/2020
|
Ilana Levitt
Shelton and Stewart REALTORS
| |
|
08/23/2019
|
1 Bed
|
1 Bath
|
646 ft²
|
$310,000
1 Bed
1 Bath
646 ft²
|
$340,000
+9.68%
03/18/2020
|
Donna Barrett
Home Value Realty, LLC
| |
|
08/26/2018
|
Studio
|
1 Bath
|
605 ft²
|
$359,000
Studio
1 Bath
605 ft²
|
$290,000
-19.22%
08/20/2019
|
Jenny Whisler
Global Luxury Realty LLC
| |
|
12/04/2017
|
1 Bed
|
1 Bath
|
662 ft²
|
$345,000
1 Bed
1 Bath
662 ft²
|
$303,000
-12.17%
05/11/2018
|
James Rodgers
Skymarc Properties LLC
| |
|
08/29/2016
|
1 Bed
|
1 Bath
|
656 ft²
|
$459,000
1 Bed
1 Bath
656 ft²
|
$440,000
-4.14%
09/01/2016
|
Richard Vasquez
Balistreri Real Estate Inc
| |
|
03/15/2011
|
1 Bed
|
1 Bath
|
659 ft²
|
$184,000
1 Bed
1 Bath
659 ft²
|
$186,000
+1.09%
05/16/2011
|
Sharon McLennon
Splendor Realty Inc
|
Building Info
About South Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017