350 OCEAN DR #802N
About This Property
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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 |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Jan 28, 2022 | No longer available | - | |
| No longer available | |||
| Jan 25, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/05/2022
|
4 Bed
|
6.5 Bath
|
3787 ft²
|
$9,300,000
4 Bed
6.5 Bath
3787 ft²
|
-
-
|
Kevin Waissmann
Fortune International Realty Brickell Inc
| |
|
03/09/2022
|
3 Bed
|
5 Bath
|
3005 ft²
|
$7,500,000
3 Bed
5 Bath
3005 ft²
|
$7,400,000
-1.33%
05/24/2022
|
Monica Slodarz
Big Time Properties, Inc.
| |
|
01/12/2022
|
2 Bed
|
3 Bath
|
1830 ft²
|
$3,974,000
2 Bed
3 Bath
1830 ft²
|
-
-
|
Ana Prado Contti
Global Luxury Realty LLC
| |
|
12/03/2021
|
2 Bed
|
3 Bath
|
1756 ft²
|
$3,265,000
2 Bed
3 Bath
1756 ft²
|
-
-
|
Elaine Kauffmann
Compass Florida, LLC
| |
|
11/04/2021
|
3 Bed
|
5 Bath
|
3005 ft²
|
$6,275,000
3 Bed
5 Bath
3005 ft²
|
-
-
|
James Duncan
Duncan Studio Real Estate Division PLLC
| |
|
08/25/2021
|
4 Bed
|
5 Bath
|
-
|
$8,900,000
4 Bed
5 Bath
|
$8,800,000
-1.12%
04/12/2022
|
Giulietta Ulloa
BHHS EWM Realty
| |
|
07/23/2021
|
2 Bed
|
4 Bath
|
1727 ft²
|
$3,300,000
2 Bed
4 Bath
1727 ft²
|
-
-
|
Jacqueline Molina
Illustrated Properties LLC (Jupiter)
| |
|
04/22/2020
|
2 Bed
|
3 Bath
|
1455 ft²
|
$1,550,000
2 Bed
3 Bath
1455 ft²
|
-
-
|
Claudine Coto
One Sotheby's International Realty
| |
|
07/31/2019
|
3 Bed
|
5 Bath
|
2257 ft²
|
$3,490,000
3 Bed
5 Bath
2257 ft²
|
-
-
|
Bruno Ricci
Fortune International Realty Brickell Inc
| |
|
10/02/2018
|
2 Bed
|
4 Bath
|
-
|
$2,950,000
2 Bed
4 Bath
|
$2,550,000
-13.56%
03/02/2019
|
Natalia Salgado
Fortune International Realty
| |
|
05/01/2017
|
3 Bed
|
5 Bath
|
4013 ft²
|
$5,900,000
3 Bed
5 Bath
4013 ft²
|
-
-
|
Bruno Ricci
Fortune International Realty Brickell Inc
| |
|
04/16/2017
|
4 Bed
|
8 Bath
|
4080 ft²
|
$8,990,000
4 Bed
8 Bath
4080 ft²
|
-
-
|
Bruno Ricci
Fortune International Realty Brickell Inc
| |
|
12/16/2014
|
2 Bed
|
3 Bath
|
1703 ft²
|
$3,700,000
2 Bed
3 Bath
1703 ft²
|
$3,400,000
-8.11%
11/03/2015
|
Linda Marie Joesoef
Capital Group Realty of South Florida
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017