37 Oceanside Drive #37
About This Property
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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 12, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
| Jun 24, 2023 | Relisted | $799,000 | |
| Relisted | |||
| Jun 18, 2023 | In contract | - | |
| In contract | |||
| Jun 9, 2023 | Listed by Gibson Sotheby's International Realty | $799,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
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Captivating Views... Lapping waves.. Breathtaking Sunrises.. Walk to the Beach & Restaurants.. Just in time for Summer. This 2 bedroom, 2 bathroom is enviably located atop Atlantic Hill & is exquisitely designed to capture some of the best views of the South Shore. This comfortable & stylish home features a fireplaced living room & separate dining openly flowing from the kitchen which showcases an oversized island complete w/warming drawer. From the generously sized master bedroom w/en-suite bath, a glass door opens onto a second deck ensuring the waves will lull you to sleep & Beautiful cross-breezes will limit the times you turn on the central air. Outside, entertaining is a pleasure with pergola, awning and plant-ready private gardens bordering the deck. Custom, built-ins throughout provide exceptional storage. A shared, private beach, deeded garage parking, & oversized walk-in storage complete this inviting offering
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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 |
|---|---|---|---|---|---|---|---|
|
06/09/2023
|
2 Bed
|
2 Bath
|
1329 ft²
|
$799,000
2 Bed
2 Bath
1329 ft²
|
$715,000
-10.51%
09/12/2023
|
Karen Peters
Gibson Sotheby's International Realty
| |
|
06/11/2014
|
2 Bed
|
2 Bath
|
1329 ft²
|
$499,000
2 Bed
2 Bath
1329 ft²
|
$485,000
-2.81%
10/31/2014
|
Karen Morley
Karen Morley Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017