611-1a Ocean Blvd #1A
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%.
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 |
|---|---|---|---|
| May 29, 2009 | Sold | ||
| Sold | |||
| Oct 23, 2007 | Listed by Carey & Giampa, LLC | $229,900 | |
| Listed by Carey & Giampa, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2024
|
2 Bed
|
-
|
765 ft²
|
$599,900
2 Bed
-
765 ft²
|
$520,000
-13.32%
09/11/2024
|
John Samonas
Samonas Realty, LLC
| |
|
09/29/2023
|
2 Bed
|
1 Bath
|
732 ft²
|
$299,900
2 Bed
1 Bath
732 ft²
|
$325,000
+8.37%
11/08/2023
|
Emmanuel Georges
RE/MAX Synergy
| |
|
06/19/2023
|
2 Bed
|
1 Bath
|
688 ft²
|
$379,900
2 Bed
1 Bath
688 ft²
|
$360,000
-5.24%
09/15/2023
|
Laura Solomon
Solomon Real Estate
| |
|
05/08/2023
|
2 Bed
|
1 Bath
|
732 ft²
|
$479,900
2 Bed
1 Bath
732 ft²
|
-
-
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
08/13/2020
|
2 Bed
|
1 Bath
|
645 ft²
|
$224,900
2 Bed
1 Bath
645 ft²
|
$224,900
12/04/2020
|
Nina Fee
Keller Williams Coastal Realty
| |
|
03/18/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$249,900
2 Bed
1 Bath
1000 ft²
|
$245,000
-1.96%
05/17/2019
|
Sandy Lally
Carey & Giampa REALTORS®
| |
|
01/28/2019
|
2 Bed
|
1 Bath
|
702 ft²
|
$289,000
2 Bed
1 Bath
702 ft²
|
$272,500
-5.71%
03/29/2019
|
Maryrae Preston
Preston Real Estate
| |
|
05/30/2014
|
2 Bed
|
1 Bath
|
702 ft²
|
$229,900
2 Bed
1 Bath
702 ft²
|
$216,500
-5.83%
11/07/2014
|
Kristen Russell
Russell Associates Inc.
| |
|
10/23/2007
|
2 Bed
|
1 Bath
|
780 ft²
|
$229,900
2 Bed
1 Bath
780 ft²
|
$200,000
-13.01%
05/29/2009
|
Mary Corcoran
East Coast Group One Realty
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017