407 Ocean Blvd #A7
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 |
|---|---|---|---|
| Mar 31, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by RE/MAX Insight | $259,000 | |
| Listed by RE/MAX Insight | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2024
|
2 Bed
|
1 Bath
|
989 ft²
|
$449,900
2 Bed
1 Bath
989 ft²
|
$433,000
-3.76%
10/01/2024
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
09/21/2023
|
2 Bed
|
1 Bath
|
989 ft²
|
$464,900
2 Bed
1 Bath
989 ft²
|
$445,000
-4.28%
11/09/2023
|
Michael Rudolph
RE/MAX Shoreline
| |
|
02/08/2023
|
2 Bed
|
2 Bath
|
1388 ft²
|
$480,000
2 Bed
2 Bath
1388 ft²
|
$480,000
05/01/2023
|
Holly Dubay
Keller Williams Coastal Realty
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1075 ft²
|
$469,900
2 Bed
2 Bath
1075 ft²
|
$464,900
-1.06%
06/20/2023
|
Tracey Boies
Hampton
| |
|
03/30/2022
|
2 Bed
|
2 Bath
|
1388 ft²
|
$499,900
2 Bed
2 Bath
1388 ft²
|
$499,933
+0.01%
05/25/2022
|
Mary Beth Abate
Coldwell Banker Realty Haverhill MA
| |
|
07/09/2020
|
2 Bed
|
2 Bath
|
1388 ft²
|
$465,000
2 Bed
2 Bath
1388 ft²
|
$455,000
-2.15%
12/03/2020
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
04/26/2020
|
2 Bed
|
-
|
1075 ft²
|
$399,900
2 Bed
-
1075 ft²
|
$397,000
-0.73%
05/22/2020
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/13/2020
|
2 Bed
|
-
|
1118 ft²
|
$489,900
2 Bed
-
1118 ft²
|
$480,000
-2.02%
06/05/2020
|
Mary Elliott
The Gove Group Real Estate, LLC
| |
|
03/02/2020
|
2 Bed
|
2 Bath
|
1388 ft²
|
$399,000
2 Bed
2 Bath
1388 ft²
|
$390,000
-2.26%
09/23/2020
|
Elizabeth Rawding
BHHS Verani Seacoast
| |
|
10/08/2019
|
2 Bed
|
1 Bath
|
1075 ft²
|
$269,900
2 Bed
1 Bath
1075 ft²
|
$259,000
-4.04%
11/29/2019
|
Sharon MacPherson
RE/MAX On the Move/Hampton
| |
|
07/09/2019
|
2 Bed
|
1 Bath
|
1118 ft²
|
$499,900
2 Bed
1 Bath
1118 ft²
|
$484,400
-3.10%
10/17/2019
|
MaryJane Watterson
Carey & Giampa, LLC/Hampton
| |
|
03/26/2019
|
2 Bed
|
2 Bath
|
1118 ft²
|
$395,000
2 Bed
2 Bath
1118 ft²
|
$395,000
05/16/2019
|
Bette Marceau
RE/MAX On the Move/Hampton
| |
|
10/12/2018
|
2 Bed
|
1 Bath
|
989 ft²
|
$305,000
2 Bed
1 Bath
989 ft²
|
$305,000
07/08/2019
|
Duane Windemiller
Oceanside Real Estate
| |
|
03/23/2018
|
2 Bed
|
2 Bath
|
1075 ft²
|
$300,000
2 Bed
2 Bath
1075 ft²
|
$280,000
-6.67%
08/30/2018
|
Bette Marceau
Remax On The Move
| |
|
04/02/2018
|
2 Bed
|
2 Bath
|
1388 ft²
|
$329,900
2 Bed
2 Bath
1388 ft²
|
$315,000
-4.52%
07/03/2018
|
Bette Marceau
Remax On The Move
| |
|
02/26/2017
|
2 Bed
|
2 Bath
|
1388 ft²
|
$389,000
2 Bed
2 Bath
1388 ft²
|
$380,000
-2.31%
05/01/2017
|
Bette Marceau
Remax On The Move
| |
|
01/19/2017
|
2 Bed
|
2 Bath
|
1388 ft²
|
$299,500
2 Bed
2 Bath
1388 ft²
|
$295,000
-1.50%
10/31/2017
|
Bette Marceau
Remax On The Move
| |
|
03/04/2014
|
2 Bed
|
2 Bath
|
1075 ft²
|
$259,000
2 Bed
2 Bath
1075 ft²
|
$243,000
-6.18%
03/31/2014
|
Richard Marceau
RE/MAX Insight
| |
|
03/09/2013
|
2 Bed
|
2 Bath
|
1388 ft²
|
$289,900
2 Bed
2 Bath
1388 ft²
|
$275,000
-5.14%
10/31/2013
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/01/2013
|
2 Bed
|
2 Bath
|
1388 ft²
|
$279,000
2 Bed
2 Bath
1388 ft²
|
$250,000
-10.39%
07/01/2013
|
Patrick Carey
Carey Giampa, LLC/Seabrook Beach
| |
|
06/06/2009
|
2 Bed
|
2 Bath
|
1388 ft²
|
$349,900
2 Bed
2 Bath
1388 ft²
|
-
-
|
Lauren Stone
Carey Giampa, LLC/Rye
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017