541 Ocean Boulevard #5
About This Property
The manager has listed the unit size as 216 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 |
|---|---|---|---|
| Aug 20, 2019 | No longer available | - | |
| No longer available | |||
| Aug 10, 2019 | Relisted | $95,000 | |
| Relisted | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
| Aug 4, 2019 | No longer available | - | |
| No longer available | |||
| Jul 12, 2019 | Price Decreased |
$95,000
↓ $5K
(5%) | |
| Price Decreased | |||
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