53 Oceanside Drive #53
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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by Michelle Larnard Real Estate Group LLC | $389,900 | |
| Listed by Michelle Larnard Real Estate Group LLC | |||
| | |||
|
THIS IS THE ONLY UNIT NOW AVAILAVLE AT DESIRED ATLANTIC HILL II. Direct oceanfront with miles of ocean views. Views of Nantasket Beach and ocean. Enjoy the serenity of living on the ocean. Shared private beach with Atlantic Hill I and III. Walk to access to semi-private beach and walk-out to Nantasket Beach. No better way to enjoy all four seasons. Granite Countertops and stainless steel appliances. Washer and dryer in unit. Truly an exceptional piece of property. Views of lighthouses, harbor islands and boats from Gloucester to Boston. 10 minutes to commuter rail, 10 minutes to MBTA bus and 20 minute ferry trip from Hull to Boston's Long Wharf. Elevator in building. Exclusive right to use assigned parking space #53. Property being sold in As Is good condition. CASH OFFERS ONLY, PLEASE!!
| |||
| Sep 2, 2015 | Sold | ||
| Sold | |||
| Apr 17, 2015 | Listed by Compass | $369,000 | |
| Listed by Compass | |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/17/2021
|
1 Bed
|
1 Bath
|
588 ft²
|
$389,900
1 Bed
1 Bath
588 ft²
|
$370,000
-5.10%
07/12/2022
|
Judy Hemingway
RE/MAX Realty Pros
| |
|
04/17/2015
|
1 Bed
|
1 Bath
|
588 ft²
|
$369,000
1 Bed
1 Bath
588 ft²
|
$359,000
-2.71%
09/02/2015
|
Bill Good
Compass
| |
|
05/26/2014
|
1 Bed
|
1 Bath
|
600 ft²
|
$345,000
1 Bed
1 Bath
600 ft²
|
$335,000
-2.90%
06/27/2014
|
Paul Daley
Paul K. Daley & Associates
| |
|
09/02/2006
|
1 Bed
|
1 Bath
|
588 ft²
|
$309,900
1 Bed
1 Bath
588 ft²
|
$285,000
-8.03%
09/28/2006
|
Justine Augenstern
Coldwell Banker Realty - Hull
| |
|
07/09/2001
|
1 Bed
|
1 Bath
|
588 ft²
|
$199,900
1 Bed
1 Bath
588 ft²
|
$190,000
-4.95%
09/29/2001
|
Judy Hemingway
RE/MAX Realty Pros
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017