42 Oceanside Dr. #42
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%.
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 |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| Nov 15, 2021 | Listed by Gibson Sotheby's International Realty | $575,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
RARE OPPORTUNITY TO PURCHASE THIS 2 BR UNIT Direct oceanfront with miles of ocean views. CASH TRANSACTION ONLY AT THIS PRICE!! Views of Nantasket Beach and ocean. Shared private beach with Atlantic Hill I and III. Walk to access to semi-private beach and walk-out to Nantasket Beach. No better way to enjoy all four seasons. Island Kitchen with Corian countertops. Formal dining Rm with wood floor. Newer washer, dryer, heating system. Over-sized a/c unit. Deck off Master Bedroom. Views of lighthouses, harbor islands and boats from Gloucester to Boston. 10 minutes to commuter rail, 10 minutes to MBTA bus and 20 minute ferry trip from Hull to Boston's Long Wharf. Elevator in building. Exclusive right to use Assigned Parking Space #42, . BUYER(S) TO ASSUME ALL COSTS RELATED TO ENVELOPE. COSTS HAVE NOT BEEN ESTABLISHED YET. SELLER TO NET A MINIUM OF $550,000 AT THIS PRICE. BUYER(S) TO PAY SELLERS' ALLOWABLE CLOSING COSTS, POINTS, PREPAIDS, FEE AS LONG AS SELLERS NET $550,000
| |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 12, 2017 | Listed by Preferred Properties Realty, LLC | $599,000 | |
| Listed by Preferred Properties Realty, LLC | |||
| | |||
|
Imagine the lifestyle!!! WOW! Views of the ocean just jump into your home! 2 walls of glass inviting the ocean, Boston skyline, the sunshine and the amazing view of Nantasket Beach right into your home. A charming open floor plan with a gas log fireplaced living room just steps down from the kitchen and dining area. Step out onto a wrap around brick terrace with overhead trellis and much deserved privacy and tranquility. Your own little world!! Watch the waves while you cook from this open kitchen with stainless appliances and large eating area surrounded by glass. . . Another cup of coffee??? Two bedrooms and two full baths, laundry, and storage. Don't forget the enclosed garage space with parking at your doorstep, and even an elevator. Walk to the private beach, the restaurants, stores and marina. On site management company and maintenance. Just an incredible property!
| |||
| Dec 28, 1995 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/15/2021
|
2 Bed
|
2 Bath
|
1329 ft²
|
$575,000
2 Bed
2 Bath
1329 ft²
|
$562,500
-2.17%
06/23/2022
|
Judy Hemingway
RE/MAX Realty Pros
| |
|
04/12/2017
|
2 Bed
|
2 Bath
|
1329 ft²
|
$599,000
2 Bed
2 Bath
1329 ft²
|
$550,000
-8.18%
06/09/2017
|
Nancy Virta
Preferred Properties Realty, LLC
| |
|
07/25/1995
|
2 Bed
|
2 Bath
|
1329 ft²
|
$182,000
2 Bed
2 Bath
1329 ft²
|
$180,000
-1.10%
12/28/1995
|
Randy Parker
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017