425 Ocean Boulevard #10
About This Property
The manager has listed the unit size as 700 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed | $315,000 | |
| Listed | |||
| | |||
|
LIFE IS SHORT BUY THE BEACH HOUSE! Enjoy year round living in this fantastic light filled two-bedroom condo that’s just steps to the beach. You will see spectacular sunsets from your private deck overlooking the beautiful marsh and distant ocean. Located in a quieter setting with just steps to the sand and just minutes to the boardwalk or North Beach. Open concept with 2 bedrooms, 1.5 baths, two car assigned parking, one car garage and elevator. Plenty of storage with an additional lower-level storage closet and low condo fees. Move right in!
| |||
| Jun 24, 2020 | In contract | - | |
| In contract | |||
| Jun 5, 2020 | Listed | $299,000 | |
| Listed | |||
| | |||
|
Kick off your summer with an amazing opportunity to own a bright, light filled, furnished year-round unit at Coastview. Enjoy spectacular sunsets from your private deck overlooking the beautiful marsh and distant ocean. Open concept with 2 bedrooms, 1.5 baths and just steps to the sand. Two car assigned parking, one car garage and elevator. Lots of storage with an additional lower level storage closet and low condo fees. Make your beach house dreams come true! Showings start Monday 6/8. The manager has listed the unit size as 700 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 |
|---|---|---|---|---|---|---|---|
|
07/18/2024
|
2 Bed
|
1 Bath
|
700 ft²
|
$379,000
2 Bed
1 Bath
700 ft²
|
$339,500
-10.42%
09/16/2024
|
Vinny Scifo
Lamacchia Realty, Inc.
| |
|
04/08/2022
|
2 Bed
|
2 Bath
|
1142 ft²
|
$509,000
2 Bed
2 Bath
1142 ft²
|
$509,000
05/26/2022
|
Derek Greene
Derek Greene
| |
|
05/08/2021
|
2 Bed
|
2 Bath
|
700 ft²
|
$374,000
2 Bed
2 Bath
700 ft²
|
$371,000
-0.80%
07/27/2021
|
Duane Windemiller
Oceanside Real Estate
| |
|
01/06/2021
|
2 Bed
|
2 Bath
|
1143 ft²
|
$397,500
2 Bed
2 Bath
1143 ft²
|
$400,000
+0.63%
03/01/2021
|
Duane Windemiller
Oceanside Real Estate
| |
|
01/04/2021
|
2 Bed
|
2 Bath
|
700 ft²
|
$315,000
2 Bed
2 Bath
700 ft²
|
$302,000
-4.13%
02/24/2021
|
Lisa Parsons
Carey & Giampa, LLC
| |
|
01/17/2020
|
2 Bed
|
2 Bath
|
700 ft²
|
$299,000
2 Bed
2 Bath
700 ft²
|
-
-
|
-
| |
|
04/01/2019
|
2 Bed
|
2 Bath
|
774 ft²
|
$305,000
2 Bed
2 Bath
774 ft²
|
$305,000
04/30/2019
|
Brandon Whitcher
W Real Estate
| |
|
09/24/2018
|
2 Bed
|
2 Bath
|
774 ft²
|
$305,000
2 Bed
2 Bath
774 ft²
|
$305,000
05/02/2019
|
Brandon Whitcher
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1143 ft²
|
-
2 Bed
2 Bath
1143 ft²
|
-
-
|
-
|
|
05/05/2017
|
2 Bed
|
2 Bath
|
1143 ft²
|
$349,000
2 Bed
2 Bath
1143 ft²
|
$320,000
-8.31%
10/05/2017
|
Duane Windemiller
Oceanside Real Estate
| |
|
03/26/2016
|
2 Bed
|
2 Bath
|
700 ft²
|
$214,000
2 Bed
2 Bath
700 ft²
|
$199,000
-7.01%
11/04/2016
|
Duane Windemiller
Oceanside Real Estate
| |
|
01/14/2013
|
2 Bed
|
2 Bath
|
1143 ft²
|
$289,900
2 Bed
2 Bath
1143 ft²
|
$285,000
-1.69%
04/02/2013
|
Celine Frechette
Carey & Giampa, LLC
| |
|
04/09/2012
|
2 Bed
|
2 Bath
|
700 ft²
|
$169,000
2 Bed
2 Bath
700 ft²
|
$169,000
06/27/2012
|
Tom McGuirk
McGuirk Properties, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017