605 Ocean Boulevard #2
About This Property
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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.
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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 |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2019 | Listed by Zaharias Real Estate | $624,900 | |
| Listed by Zaharias Real Estate | |||
| Feb 24, 2017 | Sold | ||
| Sold | |||
| Jan 26, 2017 | Listed by KW Coastal and Lakes & Mountains Realty | $534,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| | |||
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Dramatic ocean views welcome you, as you step off of the elevator into this stunning 1-level, 3 bedroom condominium situated on sought-after North Beach. Warm sunlight floods this wide-open floor plan through floor to ceiling windows & Pella sliders. On cool nights, cozy up to the river rock gas fireplace, adjacent to the built-in wet bar. Or enjoy warm summer evening sunsets on your private balcony of your master suite looking west over the Hampton Salt Marsh Conservation area. This unit features a cooks kitchen with brand new stainless steel appliances, beautiful granite counters and a breakfast bar separating the dining area. An over-sized deck with 2 sets of Pella doors off of the dining area and living area spans the entire width of the building, and overlooks North Beach. The sliding glass doors to the deck have built-in blinds and pocket screens so that views of the ocean are NEVER obstructed. Additional amenities include central air, 2-car garage parking, ample storage space, 5-car guest parking, security system, large master bedroom with ensuite full bath including double sinks, and more. This amazing residence is in a beautifully planned location - the privacy of North Beach, only one mile to main beach attractions and entertainment, and a short distance to 101 E to get to all major highways quickly and easily. Call, text or email for a showing today and start envisioning the enjoyment of beach living as summer approaches!
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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 |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
3 Bed
|
2 Bath
|
1656 ft²
|
$749,900
3 Bed
2 Bath
1656 ft²
|
$739,900
-1.33%
09/18/2026
|
Mary Strathern
The Gove Group Real Estate, LLC
| |
|
10/11/2024
|
3 Bed
|
2 Bath
|
1656 ft²
|
$895,000
3 Bed
2 Bath
1656 ft²
|
$825,000
-7.82%
12/16/2024
|
Jim Giampa
Carey Giampa, LLC/Rye
| |
|
09/02/2021
|
3 Bed
|
1 Bath
|
1656 ft²
|
$710,000
3 Bed
1 Bath
1656 ft²
|
$695,000
-2.11%
12/03/2021
|
Joan Kelly
Sterling Stone Real Estate & Co.
| |
|
09/26/2019
|
3 Bed
|
2 Bath
|
1656 ft²
|
$624,900
3 Bed
2 Bath
1656 ft²
|
$590,000
-5.58%
11/15/2019
|
Craig Parker
Zaharias Real Estate
| |
|
04/13/2017
|
3 Bed
|
1 Bath
|
1656 ft²
|
$559,900
3 Bed
1 Bath
1656 ft²
|
$535,000
-4.45%
06/23/2017
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
03/11/2017
|
3 Bed
|
2 Bath
|
1656 ft²
|
$599,000
3 Bed
2 Bath
1656 ft²
|
$575,000
-4.01%
06/28/2017
|
Mark Dickinson
RE/MAX On The River
| |
|
01/26/2017
|
3 Bed
|
2 Bath
|
1656 ft²
|
$534,900
3 Bed
2 Bath
1656 ft²
|
$530,000
-0.92%
02/24/2017
|
Erin Proulx
KW Coastal and Lakes & Mountains Realty
| |
|
06/10/2011
|
3 Bed
|
2 Bath
|
1656 ft²
|
$399,900
3 Bed
2 Bath
1656 ft²
|
$375,000
-6.23%
10/01/2012
|
Lauren Stone
Carey Giampa, LLC/Rye
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017