512 Shore Road #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%.
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 |
|---|---|---|---|
| May 4, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | Listed | $349,900 | |
| Listed | |||
| | |||
|
512 Shore Road offers you all the charm of a condominium building that harkens to a bygone, seaside era, but with the style and ease of modern living. This condo draws you in from the moment you step through the door with its coastal theme. Hand stenciled lobster wall, sea blue cabinets with anchor pulls, driftwood colored floors, white walls and seaside inspired furnishings and decor. The kitchen has ample cabinet space and countertop for meal preparation. The living room is large enough for a comfortable sleeper couch, 2 chairs and an adorable dinette. The living room has a french door that opens to the deck overlooking a serene wooded area. The large ensuite bedroom with a queen sized bed and large closet is just the place for respite after a day of enjoying Ogunquit. There is ample storage space with 1 large walk in closet, a double closet in the bedroom and a coat closet near the kitchen. The Perkins Cove Drawbridge, restaurants and shops and the famed Marginal Way are all just a short stroll away. You can truly enjoy all that Ogunquit has to offer from this stylish condo. It is not to be missed!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 2, 2020 | In contract | - | |
| In contract | |||
| Aug 11, 2020 | Price Decreased |
$239,000
↓ $20K
(7.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/11/2024
| |
1 Bed
|
2 Bath
|
655 ft²
|
$359,900
1 Bed
2 Bath
655 ft²
|
-
-
|
Carolyn Weller
RE/MAX Realty One
|
|
04/07/2022
|
1 Bed
|
1 Bath
|
-
|
$349,900
1 Bed
1 Bath
|
-
-
|
Carolyn Weller
RE/MAX Realty One
| |
|
09/12/2020
|
1 Bed
|
2 Bath
|
-
|
$269,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
07/19/2020
|
2 Bed
|
2 Bath
|
-
|
$379,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/13/2020
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/15/2019
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/22/2018
|
1 Bed
|
2 Bath
|
655 ft²
|
$239,500
1 Bed
2 Bath
655 ft²
|
-
-
|
-
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
1070 ft²
|
$299,999
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
655 ft²
|
-
1 Bed
1 Bath
655 ft²
|
-
-
|
-
|
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1070 ft²
|
-
2 Bed
2 Bath
1070 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017