550 Ocean Dr #4C
About This Property
The manager has listed the unit size as 1325 square feet.
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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%.
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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.
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 3, 2020 | No longer available | - | |
| No longer available | |||
| Dec 20, 2019 | Relisted | $545,000 | |
| Relisted | |||
| Nov 22, 2019 | No longer available | - | |
| No longer available | |||
| Aug 10, 2019 | No longer available | - | |
| No longer available | |||
| Aug 7, 2019 | Listed | $545,000 | |
| Listed | |||
| | |||
|
Boutique small BLDG Private-Beach Access-right next to The Beach Club. This upgraded 2/2 PLUS ENCLOSED DEN COULD BE USED AS 3RD ROOM OR OFFICE. Offers 2 Master size-rooms, Master bath with sitting area, 2 walk-in closets, Spacious Living-Dinning area and Balcony. Spotlessly Remodeled with wood cabinets, stainless steel appliances. Features: Heated Pool W/BBQ area, 2 DEEDED PARKING SPACES , Storage, Bicycle-Room, Great-Room/Party-Room. The manager has listed the unit size as 1325 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2021
|
2 Bed
|
2 Bath
|
1325 ft²
|
$649,000
2 Bed
2 Bath
1325 ft²
|
$625,000
-3.70%
06/25/2021
|
Angela Ocampo
BHHS EWM Realty
| |
|
02/07/2021
|
2 Bed
|
2 Bath
|
1325 ft²
|
$590,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
Brigitte De Langeron
Fortune International Realty
| |
|
12/06/2020
|
2 Bed
|
2 Bath
|
1325 ft²
|
$500,000
2 Bed
2 Bath
1325 ft²
|
$460,000
-8.00%
05/19/2021
|
Virginia Lattanzi
KB Realty
| |
|
05/19/2020
|
2 Bed
|
2 Bath
|
1325 ft²
|
$499,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
Angela Ocampo
BHHS EWM Realty
| |
|
04/04/2020
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
-
-
|
Virginia Lattanzi
KB Realty
| |
|
02/18/2020
|
2 Bed
|
2 Bath
|
1325 ft²
|
$599,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
David Deleon
Douglas Elliman
| |
|
03/18/2019
|
3 Bed
|
2 Bath
|
1325 ft²
|
$585,000
3 Bed
2 Bath
1325 ft²
|
-
-
|
Luis Urcuyo
Beachfront Realty Inc
| |
|
07/25/2019
|
2 Bed
|
2 Bath
|
1325 ft²
|
$499,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
Virginia Lattanzi
KB Realty
| |
|
10/14/2018
|
2 Bed
|
2 Bath
|
1325 ft²
|
$465,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
Elena Iturriaga
Arch Realty Inc
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
1325 ft²
|
-
2 Bed
2 Bath
1325 ft²
|
-
-
|
-
|
|
06/19/2018
|
2 Bed
|
2 Bath
|
1325 ft²
|
-
2 Bed
2 Bath
1325 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1325 ft²
|
-
2 Bed
2 Bath
1325 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017