541 Ocean Blvd #7
About This Property
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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 |
|---|---|---|---|
| Oct 17, 2017 | Sold | ||
| Sold | |||
| Feb 26, 2017 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $92,500 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
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