6 5th Place
About This Property
Step inside and be captivated by the open-concept living space, where expansive windows invite abundant natural light and showcase the ocean's beauty from every angle. The bright and airy living room is the perfect place to unwind, with uninterrupted views that make every day feel like a vacation. The additional hidden Murphy bed is ideal for dual spaces. The modern kitchen is a chef's delight. It is fully equipped with stainless steel appliances, granite countertops, and ample storage-ideal for preparing meals to savor on your private balcony while watching the sun dip below the horizon-retreat to the spacious bedroom, designed for ultimate comfort, featuring dual closets and serene finishes. The well-appointed bathroom complements the space, offering both style and functionality. Nestled in a prime downtown location, this oceanfront condo provides easy access to iconic landmarks such as the Queen Mary, Shoreline Village, Pike Outlets and an array of local shops, dining, and outdoor activities-all while ensuring privacy and relaxation. Additional highlights include a dedicated underground parking space, storage area, and access to four separate decks. Don't miss this chance to embrace the coastal lifestyle-schedule a showing today!
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$639,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by eXp Realty of California Inc | $650,000 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2025
| |
1 Bed
|
1 Bath
|
998 ft²
|
$650,000
1 Bed
1 Bath
998 ft²
|
$627,000
-3.54%
07/18/2025
|
Kimberly Miramontes
eXp Realty of California Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017