5523 N Ocean Blvd. #607
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2024
|
1 Bed
|
1 Bath
|
-
|
$248,000
1 Bed
1 Bath
|
-
-
|
Grand Strand Team
BRG Real Estate
| |
|
06/01/2024
|
1 Bed
|
1 Bath
|
-
|
$238,000
1 Bed
1 Bath
|
-
-
|
Kenneth Helak
Keller Williams Innovate South
| |
|
05/23/2024
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
-
-
|
Move South w/ Annie Team
BRG Real Estate
| |
|
05/20/2024
|
3 Bed
|
2.5 Bath
|
-
|
$379,900
3 Bed
2.5 Bath
|
-
-
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
04/26/2024
|
1 Bed
|
1 Bath
|
-
|
$268,000
1 Bed
1 Bath
|
-
-
|
The Recinos Sales Team
Century 21 The Harrelson Group
| |
|
03/15/2024
|
2 Bed
|
2.5 Bath
|
-
|
$479,000
2 Bed
2.5 Bath
|
-
-
|
Mark Fales
GRANDE DUNES PROPERTIES
| |
|
03/13/2024
|
1 Bed
|
1 Bath
|
-
|
$269,900
1 Bed
1 Bath
|
-
-
|
Dan Koenig
Power House Realty
| |
|
03/11/2024
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
-
-
|
Pamela Palmiter
Palmiter Real Estate
| |
|
03/06/2024
|
1 Bed
|
1 Bath
|
-
|
$229,000
1 Bed
1 Bath
|
-
-
|
Brian Piercy
Real Estate Modo Inc
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
-
|
$239,700
1 Bed
1 Bath
|
-
-
|
Jerry Pinkas
Jerry Pinkas Real Estate Experts
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
-
|
$264,000
1 Bed
1 Bath
|
-
-
|
Mike DiFronzo
Keller Williams MB S. Realty
| |
|
02/16/2024
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
-
-
|
Donna Benson-Todd
CENTURY 21 Boling & Associates
| |
|
02/13/2024
|
1 Bed
|
1 Bath
|
-
|
$246,900
1 Bed
1 Bath
|
-
-
|
Dan Rahr
Grand Strand Coastal Realty
| |
|
02/07/2024
|
1 Bed
|
1 Bath
|
-
|
$245,000
1 Bed
1 Bath
|
-
-
|
Jerry Pinkas
Jerry Pinkas Real Estate Experts
| |
|
02/02/2024
|
1 Bed
|
1 Bath
|
-
|
$245,000
1 Bed
1 Bath
|
-
-
|
Jill Lindstrand
EXP Realty LLC
| |
|
08/08/2023
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
-
-
|
Brian Piercy
Real Estate Modo Inc
| |
|
12/22/2023
|
2 Bed
|
2.5 Bath
|
-
|
$465,900
2 Bed
2.5 Bath
|
-
-
|
Lawrence Whitney
RE/MAX Southern Shores
| |
|
12/21/2023
|
1 Bed
|
1 Bath
|
-
|
$244,900
1 Bed
1 Bath
|
-
-
|
Adam Levy
Century 21 The Harrelson Group
| |
|
11/15/2023
|
3 Bed
|
2.5 Bath
|
-
|
$425,000
3 Bed
2.5 Bath
|
-
-
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
11/11/2023
|
1 Bed
|
1 Bath
|
-
|
$253,000
1 Bed
1 Bath
|
-
-
|
Janna Nance
BH & G Elliott Coastal Living
| |
|
06/15/2023
|
1 Bed
|
1 Bath
|
-
|
$229,000
1 Bed
1 Bath
|
-
-
|
The Hereda Team
eXp Realty LLC
| |
|
11/08/2023
|
1 Bed
|
1 Bath
|
-
|
$230,000
1 Bed
1 Bath
|
-
-
|
Jerry Pinkas
Jerry Pinkas Real Estate Experts
| |
|
10/27/2023
|
1 Bed
|
1 Bath
|
-
|
$259,900
1 Bed
1 Bath
|
-
-
|
Kenneth Helak
Keller Williams Innovate South
| |
|
10/19/2023
|
1 Bed
|
1 Bath
|
-
|
$255,000
1 Bed
1 Bath
|
-
-
|
Mike DiFronzo
Keller Williams MB S. Realty
| |
|
10/06/2023
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
-
-
|
Mike DiFronzo
Keller Williams MB S. Realty
| |
|
08/27/2023
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
-
-
|
Stacy Stoll
EXP Realty LLC
| |
|
07/12/2023
|
1 Bed
|
1 Bath
|
-
|
$228,000
1 Bed
1 Bath
|
-
-
|
Mike DiFronzo
Keller Williams MB S. Realty
| |
|
06/21/2023
|
1 Bed
|
1 Bath
|
-
|
$230,000
1 Bed
1 Bath
|
-
-
|
The Recinos Sales Team
Century 21 The Harrelson Group
| |
|
04/20/2023
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
-
-
|
Jason Potter
Grand Strand Coastal Realty
| |
|
04/17/2023
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
-
-
|
Tatiana Sheffer
RE/MAX Southern Shores
| |
|
02/06/2023
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
-
-
|
Tatiana Sheffer
RE/MAX Southern Shores
| |
|
01/28/2023
|
1 Bed
|
1 Bath
|
-
|
$227,900
1 Bed
1 Bath
|
-
-
|
Miranda Morris
Grand Strand Coastal Realty
| |
|
11/24/2022
|
1 Bed
|
1 Bath
|
-
|
$219,900
1 Bed
1 Bath
|
-
-
|
Norm Clay
Garden City Realty, Inc
| |
|
11/11/2022
|
1 Bed
|
1 Bath
|
-
|
$239,900
1 Bed
1 Bath
|
-
-
|
The Morales Group
RE/MAX Southern Shores
| |
|
10/26/2022
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
-
-
|
Kristin Boullion
RE/MAX Southern Shores
| |
|
10/20/2022
|
1 Bed
|
1 Bath
|
-
|
$229,000
1 Bed
1 Bath
|
-
-
|
Chris Koppel Team
BRG Real Estate
| |
|
10/12/2022
|
2 Bed
|
4 Bath
|
-
|
$379,900
2 Bed
4 Bath
|
-
-
|
Tarita Colite
Colite Real Estate
| |
|
09/08/2022
|
1 Bed
|
1 Bath
|
-
|
$235,000
1 Bed
1 Bath
|
-
-
|
Mike DiFronzo
Keller Williams MB S. Realty
| |
|
09/07/2022
|
1 Bed
|
1 Bath
|
-
|
$212,500
1 Bed
1 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
08/27/2022
|
1 Bed
|
1 Bath
|
-
|
$229,900
1 Bed
1 Bath
|
-
-
|
Jerry Pinkas
Jerry Pinkas Real Estate Experts
| |
|
08/12/2022
|
1 Bed
|
1 Bath
|
-
|
$232,000
1 Bed
1 Bath
|
$220,000
-5.17%
11/22/2022
|
The Mills Group
Century 21 Barefoot Realty
| |
|
08/01/2022
|
1 Bed
|
1 Bath
|
-
|
$224,900
1 Bed
1 Bath
|
-
-
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
07/22/2022
|
1 Bed
|
1 Bath
|
-
|
$224,900
1 Bed
1 Bath
|
-
-
|
Marya Young
Realty ONE Group DocksideNorth
| |
|
07/15/2022
|
1 Bed
|
1 Bath
|
-
|
$244,900
1 Bed
1 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
06/06/2022
|
1 Bed
|
1 Bath
|
-
|
$235,000
1 Bed
1 Bath
|
-
-
|
Jason Potter
Grand Strand Coastal Realty
| |
|
05/17/2022
|
1 Bed
|
1 Bath
|
-
|
$250,000
1 Bed
1 Bath
|
$270,000
+8.00%
06/21/2022
|
Jason Potter
Grand Strand Coastal Realty
| |
|
04/22/2022
|
1 Bed
|
1 Bath
|
-
|
$220,000
1 Bed
1 Bath
|
-
-
|
The Thill Team
RE/MAX Southern Shores NMB
| |
|
04/20/2022
|
1 Bed
|
1 Bath
|
-
|
$227,900
1 Bed
1 Bath
|
-
-
|
Lori Lentz-Widner
Century 21 The Harrelson Group
| |
|
04/18/2022
|
1 Bed
|
1 Bath
|
-
|
$214,900
1 Bed
1 Bath
|
-
-
|
Alice Mann
Beach & Forest Realty
| |
|
03/29/2022
|
1 Bed
|
1 Bath
|
-
|
$227,900
1 Bed
1 Bath
|
-
-
|
Dean Houstman
Beach & Forest Realty
| |
|
02/14/2022
|
1 Bed
|
1 Bath
|
-
|
$220,000
1 Bed
1 Bath
|
-
-
|
Dona Lee
RE/MAX Southern Shores
| |
|
08/04/2021
|
3 Bed
|
3 Bath
|
-
|
$425,000
3 Bed
3 Bath
|
-
-
|
Daniel Demers
Sell Your Home Services, LLC
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
-
|
$168,000
1 Bed
1 Bath
|
-
-
|
Justin Thompson
BH & G Elliott Coastal Living
| |
|
07/12/2021
|
1 Bed
|
2 Bath
|
-
|
$149,000
1 Bed
2 Bath
|
-
-
|
Ryan Korros Team
RE/MAX Southern Shores
| |
|
06/20/2021
|
1 Bed
|
1 Bath
|
-
|
$184,900
1 Bed
1 Bath
|
-
-
|
Sharon Dudley
North Beach Realty
| |
|
05/10/2021
|
1 Bed
|
1 Bath
|
-
|
$176,900
1 Bed
1 Bath
|
-
-
|
Carol Cole
Ocean Front Guru Real Estate
| |
|
05/08/2021
|
1 Bed
|
1 Bath
|
-
|
$176,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/29/2021
|
1 Bed
|
1 Bath
|
-
|
$160,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/25/2021
|
1 Bed
|
1 Bath
|
-
|
$179,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/23/2021
|
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
$172,500
-1.43%
06/08/2021
|
Erin Smith
| |
|
02/18/2021
|
1 Bed
|
1 Bath
|
-
|
$155,000
1 Bed
1 Bath
|
$148,500
-4.19%
04/19/2021
|
Mike Fiebernitz & Associates
| |
|
11/01/2020
|
1 Bed
|
1 Bath
|
-
|
$152,900
1 Bed
1 Bath
|
$162,000
+5.95%
12/28/2020
|
Sitora Khaydarkulova
| |
|
11/01/2020
|
1 Bed
|
1 Bath
|
-
|
$149,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/04/2020
|
2 Bed
|
4 Bath
|
-
|
$289,900
2 Bed
4 Bath
|
-
-
|
-
| |
|
10/01/2020
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
$157,500
-1.50%
12/10/2020
|
Jason Potter
| |
|
09/03/2020
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/02/2020
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
$150,000
-6.19%
10/21/2020
|
Nick Paolozzi
| |
|
06/29/2020
|
2 Bed
|
3 Bath
|
-
|
$289,900
2 Bed
3 Bath
|
$265,000
-8.59%
09/25/2020
|
Joshua Carter
| |
|
06/05/2020
|
1 Bed
|
1 Bath
|
-
|
$133,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/14/2020
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/14/2020
|
1 Bed
|
1 Bath
|
-
|
$134,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/13/2020
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/01/2020
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/26/2020
|
2 Bed
|
3 Bath
|
-
|
$299,900
2 Bed
3 Bath
|
$295,401
-1.50%
10/30/2020
|
Daniel Murphy
| |
|
03/20/2020
|
2 Bed
|
3 Bath
|
-
|
$243,000
2 Bed
3 Bath
|
-
-
|
-
| |
|
03/14/2020
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
$132,000
-2.22%
05/04/2020
|
Ashley DeLong
| |
|
03/08/2020
|
1 Bed
|
1 Bath
|
-
|
$134,900
1 Bed
1 Bath
|
$129,000
-4.37%
09/08/2020
|
Mike DiFronzo
| |
|
02/17/2020
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/12/2020
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/03/2020
|
1 Bed
|
1 Bath
|
-
|
$104,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/16/2019
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/15/2019
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
$118,000
-18.62%
08/05/2020
|
Brittany Foy & Associates
| |
|
11/07/2019
|
1 Bed
|
1 Bath
|
-
|
$142,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/21/2019
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$139,000
-4.07%
12/18/2019
|
Jeana Burstein
| |
|
08/27/2019
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/19/2019
|
2 Bed
|
3 Bath
|
-
|
$259,900
2 Bed
3 Bath
|
-
-
|
-
| |
|
06/17/2019
|
1 Bed
|
1 Bath
|
-
|
$112,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/04/2019
|
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/03/2019
|
1 Bed
|
1 Bath
|
-
|
$119,500
1 Bed
1 Bath
|
$119,000
-0.42%
07/16/2019
|
Andrew Assad
| |
|
05/02/2019
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
$139,000
-4.14%
07/12/2019
|
Mark Bolick
| |
|
03/20/2019
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/28/2019
|
1 Bed
|
1 Bath
|
-
|
$158,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/25/2019
|
2 Bed
|
3 Bath
|
-
|
$250,000
2 Bed
3 Bath
|
-
-
|
-
| |
|
02/23/2019
|
1 Bed
|
1 Bath
|
-
|
$119,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/04/2019
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/21/2019
|
1 Bed
|
1 Bath
|
-
|
$109,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/31/2018
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
$139,900
01/31/2019
|
Jason Potter
| |
|
12/27/2018
|
1 Bed
|
1 Bath
|
-
|
$107,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/16/2018
|
1 Bed
|
1 Bath
|
-
|
$99,899
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/03/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/26/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/29/2018
|
1 Bed
|
1 Bath
|
-
|
$133,000
1 Bed
1 Bath
|
$130,000
-2.26%
10/09/2018
|
Mike DiFronzo
| |
|
05/16/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
05/29/2018
|
1 Bed
|
1 Bath
|
-
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$134,000
1 Bed
1 Bath
|
$131,000
-2.24%
10/09/2018
|
Mike DiFronzo
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017