45 Oceanside Drive #45
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 |
|---|---|---|---|
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Jul 20, 2016 | Listed by Best Choice Real Estate | $649,000 | |
| Listed by Best Choice Real Estate | |||
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Nothing in building like it. Only 2 bedroom with 2 bath unit with this unique floor plan. Bonus second assigned parking garage space. New A/C 7/2016. Every detail exquisite in this one of a kind luxury unit. Double deck, direct oceanfront unit with fabulous Ocean/Boston Light Views. Custom Central Sound System. Beautiful master Suite. Totally updated. Pets allowed. This unit is priced to sell. Compare to any unit in area and you will assuredly agree. Separate generous space storage lockers.
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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 |
|---|---|---|---|---|---|---|---|
|
07/20/2016
|
2 Bed
|
2 Bath
|
1670 ft²
|
$649,000
2 Bed
2 Bath
1670 ft²
|
$622,500
-4.08%
10/28/2016
|
Paul Daley
Paul K. Daley & Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017