504 Ocean Blvd #7
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Price Decreased |
$539,900
↓ $40K
(6.9%) | |
| Price Decreased | |||
| Sep 26, 2024 | Listed by BHHS Verani Realty Methuen | $579,900 | |
| Listed by BHHS Verani Realty Methuen | |||
| | |||
|
Discover the perfect getaway in this spectacular three -floor unit , where every window invites an abundance of natural sunlight and some with breathtaking views of the ocean. The condo offers nicely appointed colors for a clean modern look. The eat-in kitchen has tons of cabinet space and tile flooring. In unit washer/dryer hookup, mesmerizing sunsets overlooking the Marsh Clean modern bathroom. Laminate floors throughout with a spacious carpeted primary bedroom with big closet. The second bedroom is a good size with great closet space too! The deck is a perfect place to wind-down and relax. This is beautiful in beach living. Come see it and make it your home! Could be sold Furnished Unit CAN NOT be RENTED
| |||
| Mar 30, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2024
|
2 Bed
|
1 Bath
|
1072 ft²
|
$579,900
2 Bed
1 Bath
1072 ft²
|
$539,900
-6.90%
04/30/2025
|
Anthony Ducharme
BHHS Verani Realty Methuen
| |
|
05/02/2024
|
Studio
|
1 Bath
|
496 ft²
|
$299,900
Studio
1 Bath
496 ft²
|
$275,000
-8.30%
05/24/2024
|
Sandra Chaisson
Gibson Sotheby's International Realty
| |
|
11/10/2022
|
2 Bed
|
2 Bath
|
866 ft²
|
$468,000
2 Bed
2 Bath
866 ft²
|
-
-
|
Wendy McHugh
Carey Giampa, LLC/Rye
| |
|
04/28/2022
|
2 Bed
|
1 Bath
|
1078 ft²
|
$475,000
2 Bed
1 Bath
1078 ft²
|
$430,000
-9.47%
06/30/2022
|
Cayley Lord
Keller Williams Realty-Metropolitan
| |
|
08/22/2021
|
1 Bed
|
1 Bath
|
1011 ft²
|
$485,000
1 Bed
1 Bath
1011 ft²
|
$495,000
+2.06%
09/29/2021
|
Sue Doyle
KW Coastal and Lakes & Mountains Realty
| |
|
08/05/2021
|
2 Bed
|
2 Bath
|
1071 ft²
|
$514,900
2 Bed
2 Bath
1071 ft²
|
$540,000
+4.87%
09/27/2021
|
Janine Sawyer Standley
KSRJ - Signature Realty Group
| |
|
07/07/2020
|
2 Bed
|
1 Bath
|
1118 ft²
|
$495,000
2 Bed
1 Bath
1118 ft²
|
$481,000
-2.83%
09/09/2020
|
Nick Ponte
Carey Giampa, LLC/Rye
| |
|
10/05/2019
|
2 Bed
|
2 Bath
|
866 ft²
|
$399,000
2 Bed
2 Bath
866 ft²
|
$399,000
01/10/2020
|
Duane Windemiller
Oceanside Real Estate
| |
|
10/21/2017
|
2 Bed
|
1 Bath
|
1072 ft²
|
$365,000
2 Bed
1 Bath
1072 ft²
|
$369,000
+1.10%
03/30/2018
|
MaryJane Watterson
Carey & Giampa, LLC/Hampton
| |
|
10/11/2016
|
1 Bed
|
1 Bath
|
1011 ft²
|
$337,900
1 Bed
1 Bath
1011 ft²
|
$329,000
-2.63%
04/26/2017
|
Listing Group
Lamacchia Realty, Inc.
| |
|
02/01/2014
|
2 Bed
|
2 Bath
|
1011 ft²
|
$299,999
2 Bed
2 Bath
1011 ft²
|
$272,500
-9.17%
08/27/2014
|
Amy Turner
Great Island Realty LLC
| |
|
09/16/2013
|
2 Bed
|
1 Bath
|
1017 ft²
|
$339,000
2 Bed
1 Bath
1017 ft²
|
$320,000
-5.60%
11/03/2014
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
01/18/2013
|
2 Bed
|
1 Bath
|
1078 ft²
|
$354,000
2 Bed
1 Bath
1078 ft²
|
$305,000
-13.84%
05/17/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
01/09/2011
|
2 Bed
|
1 Bath
|
1072 ft²
|
$299,500
2 Bed
1 Bath
1072 ft²
|
$275,000
-8.18%
06/02/2011
|
James Giampa
Carey & Giampa, LLC REALTORS®
| |
|
02/01/2010
|
2 Bed
|
1 Bath
|
1072 ft²
|
$299,500
2 Bed
1 Bath
1072 ft²
|
-
-
|
Beverly McClellan
Bean Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017