375 Beach Road #702
About This Property
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by One Sotheby's International Re | $1,549,000 | |
| Listed by One Sotheby's International Re | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/14/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$1,549,000
2 Bed
2 Bath
1600 ft²
|
$1,400,000
-9.62%
05/28/2025
|
Carla Ann Christenson
One Sotheby's International Re
| |
|
11/19/2019
|
2 Bed
|
2 Bath
|
1600 ft²
|
$769,000
2 Bed
2 Bath
1600 ft²
|
$715,000
-7.02%
12/20/2019
|
Gayle Krueger
All Water Realty LLC
| |
|
11/14/2016
|
2 Bed
|
2 Bath
|
1600 ft²
|
$790,000
2 Bed
2 Bath
1600 ft²
|
$700,000
-11.39%
06/05/2017
|
Amy Johnson
Jupiter Lighthouse Realty Inc
| |
|
09/16/2016
|
2 Bed
|
2 Bath
|
1600 ft²
|
$449,900
2 Bed
2 Bath
1600 ft²
|
$412,000
-8.42%
04/07/2017
|
Darren R. Goldstein
Exceptional Properties
| |
|
09/30/2014
|
2 Bed
|
2 Bath
|
1525 ft²
|
$529,000
2 Bed
2 Bath
1525 ft²
|
$450,000
-14.93%
03/09/2015
|
The McPherson Group McPherson
KW Reserve
| |
|
01/29/2014
|
2 Bed
|
2 Bath
|
1525 ft²
|
$499,999
2 Bed
2 Bath
1525 ft²
|
$499,999
04/16/2014
|
Mark B Eble
Water Pointe Realty Group
| |
|
11/19/2013
|
2 Bed
|
2 Bath
|
1525 ft²
|
$525,000
2 Bed
2 Bath
1525 ft²
|
$475,000
-9.52%
02/20/2014
|
Alanna Leonard
Brown Harris Stevens of PB (Co
| |
|
11/08/2013
|
2 Bed
|
2 Bath
|
1525 ft²
|
$479,000
2 Bed
2 Bath
1525 ft²
|
$460,000
-3.97%
12/03/2013
|
Pamela Widerman
The Keyes Company (Tequesta)
| |
|
08/01/2011
|
2 Bed
|
2 Bath
|
1525 ft²
|
$399,900
2 Bed
2 Bath
1525 ft²
|
$360,000
-9.98%
05/31/2013
|
Darren R. Goldstein
Exceptional Properties
| |
|
11/02/2009
|
2 Bed
|
2 Bath
|
1527 ft²
|
$299,000
2 Bed
2 Bath
1527 ft²
|
$245,000
-18.06%
05/01/2012
|
DeeDee Milliken
One Sotheby's International Re
|
Building Info
About Cliveden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017