535 Ocean Boulevard #404
About This Property
The manager has listed the unit size as 1967 square feet.
Payment Calculator
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 |
|---|---|---|---|
| Jan 13, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 4, 2021 | Listed | $899,900 | |
| Listed | |||
| | |||
|
Direct ocean views! Construction is underway at Ocean's Edge featuring 30 garden style homes. This premier landmark community is sited on over 4 acres at the base of Boar’s Head at Rocky Bend. From this excellent location, you can walk on the sidewalk to the quiet North Beach, or to all the fun at the Main Beach. Ocean's Edge is truly a cut above every other oceanfront building in town. This home will be wonderfully bright with an open concept design. Every home has 2 parking spaces, with at least one garage space. There is also generous guest parking. Amenities include: oversized windows, 12 ft Andersen Coastal Impact sliders, high ceilings, oceanside master suite with a walk in closet, high efficiency HVAC system with central air, centrally located elevator, two sets of stairs, secured building and a fabulous oceanfront gathering room. Construction specifications include: steel frame with metal stud walls, exterior and interior wall insulation and sound insulation. An excellent and convenient location 15 minutes to Portsmouth, NH, 15 minutes to Pease International Airport, 20 minutes to Newburyport, MA and an hour to Boston, MA. Private tours by appointment.
| |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Relisted | $814,900 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/26/2024
|
2 Bed
|
1 Bath
|
1538 ft²
|
$939,900
2 Bed
1 Bath
1538 ft²
|
$765,000
-18.61%
04/07/2025
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/01/2024
|
2 Bed
|
2 Bath
|
1417 ft²
|
$949,900
2 Bed
2 Bath
1417 ft²
|
$940,000
-1.04%
05/01/2024
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
12/01/2023
|
3 Bed
|
1 Bath
|
1967 ft²
|
$1,200,000
3 Bed
1 Bath
1967 ft²
|
$1,200,000
02/05/2024
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/23/2022
|
3 Bed
|
1 Bath
|
1967 ft²
|
$774,900
3 Bed
1 Bath
1967 ft²
|
$774,900
03/23/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/22/2022
|
2 Bed
|
2 Bath
|
1427 ft²
|
$804,900
2 Bed
2 Bath
1427 ft²
|
$804,900
03/22/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/21/2022
|
3 Bed
|
2 Bath
|
1970 ft²
|
$1,250,000
3 Bed
2 Bath
1970 ft²
|
$1,250,000
03/21/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/21/2022
|
3 Bed
|
1 Bath
|
1967 ft²
|
$864,900
3 Bed
1 Bath
1967 ft²
|
$864,900
03/21/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
07/07/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$699,900
2 Bed
1 Bath
1538 ft²
|
$699,900
02/24/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
07/02/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$704,900
2 Bed
1 Bath
1538 ft²
|
$704,900
03/02/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
07/01/2021
|
3 Bed
|
-
|
1743 ft²
|
$1,150,000
3 Bed
-
1743 ft²
|
$1,150,000
01/14/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
06/03/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$704,900
2 Bed
1 Bath
1538 ft²
|
$704,900
03/14/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
06/01/2021
|
3 Bed
|
2 Bath
|
1901 ft²
|
$1,250,000
3 Bed
2 Bath
1901 ft²
|
-
-
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/27/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$774,900
2 Bed
1 Bath
1538 ft²
|
$774,900
01/31/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/21/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$689,900
2 Bed
1 Bath
1538 ft²
|
$689,900
02/24/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/14/2021
|
3 Bed
|
2 Bath
|
1901 ft²
|
$1,250,000
3 Bed
2 Bath
1901 ft²
|
-
-
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/14/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$734,900
2 Bed
1 Bath
1538 ft²
|
$734,900
03/01/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/13/2021
|
2 Bed
|
2 Bath
|
1538 ft²
|
$734,900
2 Bed
2 Bath
1538 ft²
|
-
-
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/11/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$774,900
2 Bed
1 Bath
1538 ft²
|
$774,900
01/17/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/10/2021
|
2 Bed
|
1 Bath
|
1538 ft²
|
$724,900
2 Bed
1 Bath
1538 ft²
|
$724,900
01/11/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/04/2021
|
3 Bed
|
1 Bath
|
1967 ft²
|
$899,900
3 Bed
1 Bath
1967 ft²
|
$899,900
01/13/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
04/28/2021
|
2 Bed
|
1 Bath
|
1427 ft²
|
$804,900
2 Bed
1 Bath
1427 ft²
|
$804,900
01/13/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
04/27/2021
|
3 Bed
|
1 Bath
|
1967 ft²
|
$849,900
3 Bed
1 Bath
1967 ft²
|
$849,900
01/11/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
02/01/2021
|
3 Bed
|
-
|
1743 ft²
|
$1,150,000
3 Bed
-
1743 ft²
|
$1,150,000
01/31/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/15/2020
|
2 Bed
|
2 Bath
|
1538 ft²
|
$759,900
2 Bed
2 Bath
1538 ft²
|
-
-
|
-
| |
|
10/09/2020
|
2 Bed
|
2 Bath
|
1427 ft²
|
$714,900
2 Bed
2 Bath
1427 ft²
|
-
-
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/08/2020
|
2 Bed
|
1 Bath
|
1538 ft²
|
$714,900
2 Bed
1 Bath
1538 ft²
|
$714,900
02/23/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/07/2020
|
2 Bed
|
1 Bath
|
1427 ft²
|
$714,900
2 Bed
1 Bath
1427 ft²
|
$714,900
01/11/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
09/09/2020
|
3 Bed
|
3 Bath
|
1967 ft²
|
$774,900
3 Bed
3 Bath
1967 ft²
|
-
-
|
-
| |
|
09/08/2020
|
2 Bed
|
1 Bath
|
1538 ft²
|
$799,900
2 Bed
1 Bath
1538 ft²
|
$774,900
-3.13%
01/31/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
08/25/2020
|
2 Bed
|
1 Bath
|
1538 ft²
|
$749,900
2 Bed
1 Bath
1538 ft²
|
$749,900
02/22/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
08/24/2020
|
2 Bed
|
2 Bath
|
1427 ft²
|
$804,900
2 Bed
2 Bath
1427 ft²
|
-
-
|
-
| |
|
08/04/2020
|
3 Bed
|
2 Bath
|
1970 ft²
|
$1,250,000
3 Bed
2 Bath
1970 ft²
|
-
-
|
-
| |
|
07/29/2020
|
2 Bed
|
1 Bath
|
1538 ft²
|
$799,900
2 Bed
1 Bath
1538 ft²
|
$799,900
01/10/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/03/2020
|
3 Bed
|
1 Bath
|
1970 ft²
|
$1,250,000
3 Bed
1 Bath
1970 ft²
|
$1,250,000
01/14/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
12/01/2019
|
3 Bed
|
3 Bath
|
1949 ft²
|
$774,900
3 Bed
3 Bath
1949 ft²
|
-
-
|
-
| |
|
11/25/2019
|
3 Bed
|
3 Bath
|
1967 ft²
|
$814,900
3 Bed
3 Bath
1967 ft²
|
-
-
|
-
| |
|
11/07/2019
|
2 Bed
|
1 Bath
|
1538 ft²
|
$749,900
2 Bed
1 Bath
1538 ft²
|
$749,900
01/19/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/28/2019
|
3 Bed
|
3 Bath
|
1967 ft²
|
$814,900
3 Bed
3 Bath
1967 ft²
|
-
-
|
-
| |
|
10/23/2019
|
2 Bed
|
1 Bath
|
1427 ft²
|
$794,900
2 Bed
1 Bath
1427 ft²
|
$794,900
01/17/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
10/23/2019
|
3 Bed
|
2 Bath
|
1901 ft²
|
$1,100,000
3 Bed
2 Bath
1901 ft²
|
-
-
|
-
| |
|
10/10/2019
|
3 Bed
|
2 Bath
|
1901 ft²
|
$1,200,000
3 Bed
2 Bath
1901 ft²
|
-
-
|
-
| |
|
10/06/2019
|
2 Bed
|
2 Bath
|
1427 ft²
|
$804,900
2 Bed
2 Bath
1427 ft²
|
-
-
|
-
| |
|
10/04/2019
|
2 Bed
|
1 Bath
|
1427 ft²
|
$764,900
2 Bed
1 Bath
1427 ft²
|
$764,900
01/20/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
1538 ft²
|
$689,900
2 Bed
2 Bath
1538 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017