511 Ocean Boulevard #14
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 |
|---|---|---|---|
| Dec 16, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by Coldwell Banker Realty | $629,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2022
|
2 Bed
|
3 Bath
|
1720 ft²
|
$605,000
2 Bed
3 Bath
1720 ft²
|
$607,533
+0.42%
10/11/2022
|
Hillary Barrett
Carey Giampa, LLC/Rye
| |
|
10/12/2021
|
3 Bed
|
2 Bath
|
2166 ft²
|
$629,900
3 Bed
2 Bath
2166 ft²
|
$630,000
+0.02%
12/16/2021
|
Julie D'Arcangelo
Coldwell Banker Realty Pelham
| |
|
07/02/2021
|
2 Bed
|
3 Bath
|
1725 ft²
|
$599,000
2 Bed
3 Bath
1725 ft²
|
$620,000
+3.51%
09/01/2021
|
Pam Cameron
BHG Masiello Portsmouth
| |
|
06/08/2021
|
3 Bed
|
3 Bath
|
1968 ft²
|
$599,000
3 Bed
3 Bath
1968 ft²
|
$605,000
+1.00%
07/19/2021
|
Jennifer Seabrooke
RE/MAX Shoreline
| |
|
05/13/2020
|
2 Bed
|
3 Bath
|
1696 ft²
|
$430,000
2 Bed
3 Bath
1696 ft²
|
$430,000
08/13/2020
|
Jean McCoole
KW Coastal and Lakes & Mountains Realty
| |
|
01/16/2020
|
2 Bed
|
3 Bath
|
2158 ft²
|
$599,000
2 Bed
3 Bath
2158 ft²
|
$585,000
-2.34%
11/03/2020
|
Valerie Ellmer
BHHS Verani Seacoast
| |
|
11/16/2019
|
2 Bed
|
3 Bath
|
1725 ft²
|
$425,000
2 Bed
3 Bath
1725 ft²
|
$405,000
-4.71%
03/13/2020
|
Jon Kenyon
KW Coastal and Lakes & Mountains Realty
| |
|
09/10/2019
|
3 Bed
|
3 Bath
|
1705 ft²
|
$425,000
3 Bed
3 Bath
1705 ft²
|
$405,000
-4.71%
10/11/2019
|
Margaret Pesce
Great Island Realty LLC
| |
|
08/15/2019
|
2 Bed
|
3 Bath
|
1720 ft²
|
$429,900
2 Bed
3 Bath
1720 ft²
|
$413,000
-3.93%
10/20/2019
|
Tom Mahoney
Coldwell Banker Realty Portsmouth NH
| |
|
04/15/2019
|
2 Bed
|
3 Bath
|
1696 ft²
|
$420,000
2 Bed
3 Bath
1696 ft²
|
$400,000
-4.76%
08/01/2019
|
Darlene Dolan
RE/MAX On the Move/Seabrook
| |
|
09/20/2018
|
1 Bed
|
2 Bath
|
864 ft²
|
-
1 Bed
2 Bath
864 ft²
|
-
-
|
-
| |
|
09/19/2017
|
2 Bed
|
3 Bath
|
2158 ft²
|
$518,000
2 Bed
3 Bath
2158 ft²
|
$460,000
-11.20%
11/30/2017
|
Lisa Berry
Simply Sell Realty LLC
| |
|
09/12/2016
|
1 Bed
|
2 Bath
|
995 ft²
|
$249,900
1 Bed
2 Bath
995 ft²
|
$237,500
-4.96%
01/05/2017
|
Kathy Rush
BHHS Verani Seacoast
| |
|
01/15/2014
|
2 Bed
|
3 Bath
|
1696 ft²
|
$379,900
2 Bed
3 Bath
1696 ft²
|
$366,400
-3.55%
06/02/2014
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
06/17/2013
|
2 Bed
|
3 Bath
|
1696 ft²
|
$359,900
2 Bed
3 Bath
1696 ft²
|
$350,000
-2.75%
06/02/2014
|
Tracey Boies
Hampton
| |
|
11/03/2012
|
2 Bed
|
3 Bath
|
1696 ft²
|
$359,900
2 Bed
3 Bath
1696 ft²
|
$355,000
-1.36%
06/27/2013
|
-
| |
|
08/31/2012
|
2 Bed
|
3 Bath
|
1696 ft²
|
$349,000
2 Bed
3 Bath
1696 ft²
|
$337,000
-3.44%
09/20/2013
|
Julie Bean
EXP Realty
| |
|
10/29/2011
|
3 Bed
|
3 Bath
|
1920 ft²
|
$389,900
3 Bed
3 Bath
1920 ft²
|
$370,000
-5.10%
07/01/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
10/01/2011
|
3 Bed
|
2 Bath
|
1664 ft²
|
$389,000
3 Bed
2 Bath
1664 ft²
|
$363,500
-6.56%
07/23/2012
|
Richard Marceau
Carey & Giampa, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017