375 Ocean Blvd #5
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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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 |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by Coast & Country Realtors LLC | $921,000 | |
| Listed by Coast & Country Realtors LLC | |||
| | |||
|
Daydreams and moonlit walks become part of life just steps from the sand and Atlantic Ocean. Overlooking unobstructed views of Great Boars Head to the North and Gloucester, MA to the South. This low maintenance lifestyle will allow more time to create those special memories for years to come! Conveniently located just a few minutes to Rte.95, and less than an hour to Boston, Manchester, or the Lakes Region makes this an ideal location. Just 10 years young this home has only had two immaculate owners. This condo offers very rare attached private 2 car garage, mudroom, 3/4 Bath and access to the ocean to greet you on the first level with walkin closets. With an open concept, front to back living space consisting of the eat-in Kitchen with walk-in pantry and huge island. A gas Fireplaced Living room opens to a double slider to the deck. The third floor consists of the Master Suite with private deck, custom made room darkening drapes & top/down custom shades, walkin master closet and en-suite bathroom. A second bedroom with attached full bathroom with tub, and the laundry located off the hallway. The last level consists of a huge Bedroom with own bath, vaulted ceilings, and walk-in closets. But the most special space is the custom nook to overlook the ocean and get away from it all! Everything has been thought of and you cannot help but feel you have your own little slice of paradise here! Agent is related to the Seller.
| |||
| Nov 30, 2012 | Sold | ||
| Sold | |||
| Jul 16, 2012 | Listed by Carey & Giampa, LLC/Hampton | $649,000 | |
| Listed by Carey & Giampa, LLC/Hampton | |||
| Sep 11, 2009 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2021
|
3 Bed
|
5 Bath
|
2214 ft²
|
$921,000
3 Bed
5 Bath
2214 ft²
|
$724,600
-21.32%
11/10/2021
|
Jessica Pearlo
Coast & Country Realtors LLC
| |
|
02/08/2021
|
4 Bed
|
3 Bath
|
2214 ft²
|
$840,000
4 Bed
3 Bath
2214 ft²
|
$840,000
03/24/2021
|
Susan Ashooh Lazos
BHHS Verani Londonderry
| |
|
07/27/2018
|
3 Bed
|
4 Bath
|
1900 ft²
|
-
3 Bed
4 Bath
1900 ft²
|
-
-
|
-
| |
|
05/18/2018
|
4 Bed
|
2 Bath
|
2214 ft²
|
$729,900
4 Bed
2 Bath
2214 ft²
|
$710,000
-2.73%
09/14/2018
|
Mark Zoeller
KW Coastal and Lakes & Mountains Realty
| |
|
09/13/2017
|
4 Bed
|
5 Bath
|
2214 ft²
|
$750,000
4 Bed
5 Bath
2214 ft²
|
$705,000
-6.00%
02/23/2018
|
Mark Zoeller
KW Coastal and Lakes & Mountains Realty
| |
|
07/16/2012
|
3 Bed
|
4 Bath
|
2214 ft²
|
$649,000
3 Bed
4 Bath
2214 ft²
|
$580,000
-10.63%
11/30/2012
|
Amy Pender
Tate & Foss Sotheby's International Rlty
| |
|
06/20/2012
|
3 Bed
|
3 Bath
|
1900 ft²
|
$479,900
3 Bed
3 Bath
1900 ft²
|
$475,000
-1.02%
11/09/2012
|
Mark Zoeller
KW Coastal and Lakes & Mountains Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017