415 Ocean Blvd #3A
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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%.
How much can I actually make?
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 30, 2012 | Sold | ||
| Sold | |||
| Mar 4, 2012 | Listed by Atlantic Ocean Real Estate | $75,000 | |
| Listed by Atlantic Ocean Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2026
|
1 Bed
|
1 Bath
|
281 ft²
|
$240,000
1 Bed
1 Bath
281 ft²
|
$240,000
06/23/2026
|
Mike Rennie
Keller Williams Realty Metro-Concord
| |
|
09/19/2025
|
Studio
|
1 Bath
|
360 ft²
|
$259,900
Studio
1 Bath
360 ft²
|
$259,900
12/01/2025
|
Aaron Dolan
RE/MAX On the Move/Hampton
| |
|
06/30/2024
|
1 Bed
|
1 Bath
|
281 ft²
|
$199,300
1 Bed
1 Bath
281 ft²
|
$199,300
08/02/2024
|
Melissa Lesniak
Keller Williams Coastal Realty
| |
|
06/03/2022
|
1 Bed
|
1 Bath
|
253 ft²
|
$220,000
1 Bed
1 Bath
253 ft²
|
$240,000
+9.09%
07/01/2022
|
Lisa Parsons
Carey & Giampa, LLC
| |
|
02/14/2022
|
Studio
|
1 Bath
|
281 ft²
|
$165,000
Studio
1 Bath
281 ft²
|
$165,000
03/11/2022
|
Alex Loiseau
Harris Real Estate
| |
|
12/13/2021
|
Studio
|
1 Bath
|
281 ft²
|
$169,000
Studio
1 Bath
281 ft²
|
$162,500
-3.85%
02/04/2022
|
Alex Loiseau
Harris Real Estate
| |
|
11/09/2021
|
Studio
|
1 Bath
|
281 ft²
|
$172,500
Studio
1 Bath
281 ft²
|
$168,000
-2.61%
03/17/2022
|
Alex Loiseau
Harris Real Estate
| |
|
04/18/2021
|
1 Bed
|
1 Bath
|
284 ft²
|
$189,900
1 Bed
1 Bath
284 ft²
|
$175,000
-7.85%
06/23/2021
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
09/08/2020
|
1 Bed
|
1 Bath
|
198 ft²
|
$90,000
1 Bed
1 Bath
198 ft²
|
$80,000
-11.11%
10/21/2020
|
MaryJane Watterson
Carey & Giampa, LLC/Hampton
| |
|
09/08/2020
|
1 Bed
|
1 Bath
|
253 ft²
|
$129,000
1 Bed
1 Bath
253 ft²
|
$132,000
+2.33%
09/24/2020
|
MaryJane Watterson
Carey & Giampa, LLC/Hampton
| |
|
06/02/2020
|
Studio
|
1 Bath
|
253 ft²
|
$129,000
Studio
1 Bath
253 ft²
|
$121,000
-6.20%
06/26/2020
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
06/02/2020
|
Studio
|
1 Bath
|
253 ft²
|
$129,000
Studio
1 Bath
253 ft²
|
$122,000
-5.43%
06/12/2020
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
05/29/2019
|
1 Bed
|
-
|
308 ft²
|
$130,000
1 Bed
-
308 ft²
|
-
-
|
-
| |
|
03/03/2019
|
Studio
|
1 Bath
|
216 ft²
|
$129,900
Studio
1 Bath
216 ft²
|
$122,533
-5.67%
04/17/2019
|
Aaron Dolan
RE/MAX On the Move/Seabrook
| |
|
12/04/2017
|
Studio
|
1 Bath
|
308 ft²
|
$119,900
Studio
1 Bath
308 ft²
|
$112,000
-6.59%
02/28/2018
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
10/07/2017
|
Studio
|
1 Bath
|
198 ft²
|
$81,000
Studio
1 Bath
198 ft²
|
$81,000
11/27/2017
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
05/02/2017
|
Studio
|
1 Bath
|
284 ft²
|
$94,900
Studio
1 Bath
284 ft²
|
$85,000
-10.43%
07/13/2017
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
08/30/2016
|
1 Bed
|
1 Bath
|
308 ft²
|
$99,900
1 Bed
1 Bath
308 ft²
|
$91,500
-8.41%
09/30/2016
|
Bette Marceau
RE/MAX On the Move/Hampton
| |
|
04/15/2015
|
1 Bed
|
1 Bath
|
242 ft²
|
$99,900
1 Bed
1 Bath
242 ft²
|
$93,000
-6.91%
05/13/2015
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
03/15/2014
|
Studio
|
1 Bath
|
284 ft²
|
$85,000
Studio
1 Bath
284 ft²
|
$84,000
-1.18%
07/02/2014
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
03/04/2012
|
Studio
|
1 Bath
|
308 ft²
|
$75,000
Studio
1 Bath
308 ft²
|
$72,000
-4.00%
03/30/2012
|
Louise Lorden
Atlantic Ocean Real Estate
| |
|
09/23/2009
|
1 Bed
|
1 Bath
|
198 ft²
|
$55,000
1 Bed
1 Bath
198 ft²
|
$50,000
-9.09%
10/30/2009
|
Maureen Taylor Emmott
The Hamptons Real Estate
| |
|
12/27/2007
|
1 Bed
|
1 Bath
|
344 ft²
|
$79,900
1 Bed
1 Bath
344 ft²
|
$68,000
-14.89%
10/22/2008
|
Harvey J. Bergeron
H.J. Bergeron Real Estate, Inc
| |
|
08/27/2007
|
Studio
|
1 Bath
|
344 ft²
|
$84,900
Studio
1 Bath
344 ft²
|
$70,000
-17.55%
08/07/2008
|
Maureen Taylor Emmott
The Hamptons Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017