56
Map
405 Ocean #7
About This Property
Listed By
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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%.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Listed by KW Coastal and Lakes & Mountains Realty | $599,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Sep 27, 2019 | No longer available | - | |
| No longer available | |||
| Jul 15, 2019 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| May 16, 2019 | Listed | $339,900 | |
| Listed | |||
| | |||
|
WHAT A LOCATION! Your chance to own this VERY UNIQUE condo in the Heart of Hampton Beach!! Live your dream of owning a beach home, stay year round or use as your beach getaway. This first floor, one-floor condo has nice oak flooring throughout. Walls and ceilings recently painted. Replacement windows. Two BRs (one with a huge picture window with ocean & "Strip" views & one with a walk-in closet). The kitchen has lots of cabinets and plenty of space and w/ a facelift can equal any HGTV makeover. A separate dining space for a good sized table. In the front of the condo there is a HUGE 15'x15' Living Room where you can enjoy the ocean views from your oversized picture window. A full bath rounds off the first floor. Head down to your basement, yes your BASEMENT, where there's a finished 18'x14'5" space for hanging out. And lastly, you can store it all in the unfinished section, complete with workbench and laundry area. Located in a small condo association made up of 7 year round units (this is the largest in the association) and 19 seasonal units. Very well run association. One assigned parking space per unit. Extra parking in the public spaces. Cross Ocean Blvd and you are at a five-star rated beach!! With a ten-minute walk, you can be at the Casino for shows, concerts and dancing. Watch the fireworks from your front window. Easy access in and out of the beach from the Rte 101 access right down the street. The manager has listed the unit size as 1140 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
05/27/2021
|
1 Bed
|
1 Bath
|
525 ft²
|
$280,000
1 Bed
1 Bath
525 ft²
|
$265,000
-5.36%
06/30/2021
|
Tatum Trudel
Coldwell Banker Realty Bedford NH
| |
|
05/16/2019
|
2 Bed
|
2 Bath
|
1140 ft²
|
$339,900
2 Bed
2 Bath
1140 ft²
|
-
-
|
-
| |
|
04/24/2015
|
1 Bed
|
1 Bath
|
264 ft²
|
$99,000
1 Bed
1 Bath
264 ft²
|
$93,000
-6.06%
05/29/2015
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
05/11/2014
|
Studio
|
1 Bath
|
360 ft²
|
$99,900
Studio
1 Bath
360 ft²
|
$90,000
-9.91%
08/11/2014
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
12/02/2012
|
Studio
|
1 Bath
|
360 ft²
|
$115,000
Studio
1 Bath
360 ft²
|
$105,000
-8.70%
05/17/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
09/15/2012
|
Studio
|
1 Bath
|
360 ft²
|
$109,900
Studio
1 Bath
360 ft²
|
$100,000
-9.01%
05/03/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
01/09/2012
|
1 Bed
|
1 Bath
|
264 ft²
|
$65,000
1 Bed
1 Bath
264 ft²
|
$62,500
-3.85%
02/29/2012
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
06/28/2011
|
1 Bed
|
1 Bath
|
264 ft²
|
$89,900
1 Bed
1 Bath
264 ft²
|
$85,000
-5.45%
05/03/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017