507 Ocean Boulevard #7
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Compass New England, LLC | $788,000 | |
| Listed by Compass New England, LLC | |||
| Mar 27, 2020 | Listed by McGuirk Properties, LLC | $525,000 | |
| Listed by McGuirk Properties, LLC | |||
| | |||
|
Centrally located between North Beach and the Main Beach at Rocky Bend. Views of the Ocean in the front and marsh out back. This Townhome has easy access to 101 and 95. Has Hardwood Floors; Granite Counters; nearly new appliances, Plenty of Storage; and a Garage under. Well cared for and move in ready. Just in time for the Summer Season.
| |||
| Oct 19, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2024
|
3 Bed
|
3 Bath
|
1694 ft²
|
$788,000
3 Bed
3 Bath
1694 ft²
|
$770,000
-2.28%
09/16/2024
|
Sean Bakhtiari
Compass New England, LLC
| |
|
04/18/2023
|
3 Bed
|
3 Bath
|
1680 ft²
|
$659,000
3 Bed
3 Bath
1680 ft²
|
$659,000
06/22/2023
|
Jonathan McInnis
Harris Real Estate
| |
|
03/27/2020
|
3 Bed
|
3 Bath
|
1694 ft²
|
$525,000
3 Bed
3 Bath
1694 ft²
|
$525,000
03/27/2020
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
06/04/2019
|
3 Bed
|
3 Bath
|
1694 ft²
|
$559,900
3 Bed
3 Bath
1694 ft²
|
-
-
|
-
| |
|
05/11/2015
|
3 Bed
|
3 Bath
|
1680 ft²
|
$450,000
3 Bed
3 Bath
1680 ft²
|
$440,000
-2.22%
07/02/2015
|
Jane Currivan
Coldwell Banker Realty Portsmouth NH
| |
|
03/06/2009
|
3 Bed
|
3 Bath
|
1680 ft²
|
$359,900
3 Bed
3 Bath
1680 ft²
|
$350,000
-2.75%
09/16/2009
|
Lauren Stone
Carey Giampa, LLC/Rye
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017