561 Ocean Boulevard #8
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.
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 |
|---|---|---|---|
| Sep 27, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by Carey Giampa, LLC/Rye | $499,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
| Sep 28, 2012 | Listed by RE/MAX On the Move/Seabrook | $375,000 | |
| Listed by RE/MAX On the Move/Seabrook | |||
| | |||
|
Magnificent views of ocean and marsh! 2 bedroom, 2.5 bath town home with hardwood floors. Auxiliary gas heater and mini split AC system. Well run condo association. Pet friendly. Best deck in Hampton!
| |||
| Feb 19, 2008 | Sold | ||
| Sold | |||
| May 13, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2023
|
2 Bed
|
3 Bath
|
1204 ft²
|
$749,900
2 Bed
3 Bath
1204 ft²
|
$749,900
09/15/2023
|
Scott Rafferty
Open Concepts Realty
| |
|
07/29/2021
|
2 Bed
|
2 Bath
|
1204 ft²
|
$499,900
2 Bed
2 Bath
1204 ft²
|
$505,000
+1.02%
09/27/2021
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/22/2017
|
2 Bed
|
2 Bath
|
1204 ft²
|
$399,000
2 Bed
2 Bath
1204 ft²
|
$399,000
06/30/2017
|
May Soucie
Bentley By the Sea
| |
|
04/02/2015
|
2 Bed
|
1 Bath
|
-
|
$379,900
2 Bed
1 Bath
|
$370,000
-2.61%
06/15/2015
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
04/11/2013
|
2 Bed
|
2 Bath
|
1370 ft²
|
$359,900
2 Bed
2 Bath
1370 ft²
|
$352,000
-2.20%
07/19/2013
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
09/28/2012
|
2 Bed
|
3 Bath
|
1204 ft²
|
$375,000
2 Bed
3 Bath
1204 ft²
|
$359,900
-4.03%
09/28/2012
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
06/07/2012
|
2 Bed
|
3 Bath
|
1373 ft²
|
$349,000
2 Bed
3 Bath
1373 ft²
|
$342,000
-2.01%
09/28/2012
|
Jim Giampa
Carey Giampa, LLC/Rye
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017