541 Ocean Boulevard #3
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.
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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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by Carey Giampa, LLC/Portsmouth | $149,900 | |
| Listed by Carey Giampa, LLC/Portsmouth | |||
| | |||
|
Renovated studio condo unit, located on the first floor, and easily accessible. Large sliding door to let sunlight in as well as the ocean breeze! This affordable beach getaway is across the street from desirable North Beach and has direct beach access to the sand. Just a short walk, bike or drive to Hampton Beach, where one can enjoy all the great dining, shopping and entertainment! All furniture to convey with property, The condo fee of $340 provides an assigned parking space, visitor parking, snow plowing, landscaping, heat, sewer, electric, hot water, basic cable, trash/recycling and master and flood policy insurance. Coin laundry located on-site. Pets allowed. Rentals allowed - minimum length of 12 months and only 3 units at any given time within complex.
| |||
| May 10, 2021 | Sold | ||
| Sold | |||
| Nov 17, 2020 | Listed by Carey & Giampa, LLC/Hampton | $119,000 | |
| Listed by Carey & Giampa, LLC/Hampton | |||
| Jan 3, 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 |
|---|---|---|---|---|---|---|---|
|
10/25/2024
|
2 Bed
|
2 Bath
|
1104 ft²
|
$479,000
2 Bed
2 Bath
1104 ft²
|
$450,000
-6.05%
12/12/2024
|
Brenda Plante
McGuirk Properties, LLC
| |
|
04/22/2024
|
Studio
|
-
|
216 ft²
|
$229,000
Studio
-
216 ft²
|
$153,000
-33.19%
08/27/2024
|
Elizabeth Rawding
BHHS Verani Seacoast
| |
|
09/26/2023
|
Studio
|
1 Bath
|
216 ft²
|
$149,900
Studio
1 Bath
216 ft²
|
$150,900
+0.67%
10/27/2023
|
Nick Ponte
Carey Giampa, LLC/Rye
| |
|
04/11/2023
|
Studio
|
1 Bath
|
216 ft²
|
$179,000
Studio
1 Bath
216 ft²
|
$170,000
-5.03%
05/11/2023
|
Nick Ponte
Carey Giampa, LLC/Portsmouth
| |
|
04/30/2021
|
Studio
|
-
|
216 ft²
|
$116,900
Studio
-
216 ft²
|
$119,000
+1.80%
06/04/2021
|
Norris Viviers
First NH Real Estate
| |
|
11/17/2020
|
Studio
|
1 Bath
|
216 ft²
|
$119,000
Studio
1 Bath
216 ft²
|
$110,000
-7.56%
05/10/2021
|
Maureen Carey
Carey & Giampa, LLC
| |
|
02/28/2020
|
Studio
|
1 Bath
|
216 ft²
|
$109,900
Studio
1 Bath
216 ft²
|
$105,000
-4.46%
06/12/2020
|
Non Member
Non Member Office
| |
|
01/05/2019
|
Studio
|
1 Bath
|
216 ft²
|
$115,000
Studio
1 Bath
216 ft²
|
$85,000
-26.09%
12/05/2019
|
Maria Giakoumakis
| |
|
05/07/2019
|
1 Bed
|
1 Bath
|
216 ft²
|
$120,000
1 Bed
1 Bath
216 ft²
|
-
-
|
-
| |
|
02/09/2019
|
2 Bed
|
2 Bath
|
1104 ft²
|
$309,900
2 Bed
2 Bath
1104 ft²
|
$255,000
-17.72%
10/21/2019
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
07/17/2018
|
2 Bed
|
2 Bath
|
1104 ft²
|
$400,000
2 Bed
2 Bath
1104 ft²
|
-
-
|
-
| |
|
06/12/2018
|
1 Bed
|
1 Bath
|
216 ft²
|
$125,000
1 Bed
1 Bath
216 ft²
|
-
-
|
-
| |
|
02/26/2017
|
Studio
|
1 Bath
|
216 ft²
|
$92,500
Studio
1 Bath
216 ft²
|
$92,500
10/17/2017
|
Tracey Boies
Better Homes and Gardens Real Estate - The Masiello Group
| |
|
01/30/2014
|
Studio
|
-
|
322 ft²
|
$125,000
Studio
-
322 ft²
|
$115,000
-8.00%
09/05/2014
|
Jacqui Coons
Carey & Giampa, LLC/Hampton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017