615 (#21) Ocean Blvd. #21
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%.
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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 |
|---|---|---|---|
| Dec 31, 2012 | Sold | ||
| Sold | |||
| Jun 10, 2012 | Listed by Oceanside Real Estate | $99,000 | |
| Listed by Oceanside Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2023
| |
1 Bed
|
-
|
343 ft²
|
$219,745
1 Bed
-
343 ft²
|
$219,745
08/18/2023
|
Duane Windemiller
Oceanside Real Estate
|
|
06/09/2023
|
1 Bed
|
-
|
640 ft²
|
$279,500
1 Bed
-
640 ft²
|
$280,000
+0.18%
07/20/2023
|
Duane Windemiller
Oceanside Real Estate
| |
|
08/17/2021
|
1 Bed
|
1 Bath
|
419 ft²
|
$215,000
1 Bed
1 Bath
419 ft²
|
-
-
|
Andrea Delahunty
RE/MAX On the Move & Insight
| |
|
08/04/2021
|
1 Bed
|
-
|
343 ft²
|
$219,000
1 Bed
-
343 ft²
|
$220,000
+0.46%
11/19/2021
|
Maryrae Preston
Preston Real Estate
| |
|
06/28/2021
|
1 Bed
|
-
|
343 ft²
|
$219,000
1 Bed
-
343 ft²
|
$210,000
-4.11%
08/02/2021
|
Maryrae Preston
Preston Real Estate
| |
|
06/03/2021
|
2 Bed
|
2 Bath
|
1295 ft²
|
$399,900
2 Bed
2 Bath
1295 ft²
|
$404,933
+1.26%
08/20/2021
|
Kirsten Wallace
Carey Giampa, LLC/Rye
| |
|
03/26/2020
|
1 Bed
|
1 Bath
|
347 ft²
|
$140,000
1 Bed
1 Bath
347 ft²
|
$127,000
-9.29%
06/22/2020
|
Christian Ehlers
Keller Williams Coastal Realty
| |
|
10/17/2018
|
1 Bed
|
1 Bath
|
650 ft²
|
$209,000
1 Bed
1 Bath
650 ft²
|
-
-
|
-
| |
|
06/11/2018
| |
1 Bed
|
1 Bath
|
650 ft²
|
-
1 Bed
1 Bath
650 ft²
|
-
-
|
-
|
|
10/19/2015
|
1 Bed
|
1 Bath
|
419 ft²
|
$129,000
1 Bed
1 Bath
419 ft²
|
$129,000
04/14/2016
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
12/18/2014
|
1 Bed
|
1 Bath
|
474 ft²
|
$135,900
1 Bed
1 Bath
474 ft²
|
$123,000
-9.49%
07/31/2015
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
08/20/2012
|
1 Bed
|
-
|
352 ft²
|
$72,000
1 Bed
-
352 ft²
|
$69,000
-4.17%
12/10/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/13/2012
|
1 Bed
|
-
|
640 ft²
|
$99,000
1 Bed
-
640 ft²
|
$90,000
-9.09%
05/24/2013
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
2 Bed
|
2 Bath
|
854 ft²
|
$150,000
2 Bed
2 Bath
854 ft²
|
$150,000
08/04/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
3 Bed
|
2 Bath
|
1111 ft²
|
$195,000
3 Bed
2 Bath
1111 ft²
|
$185,000
-5.13%
10/12/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
1 Bed
|
1 Bath
|
640 ft²
|
$95,000
1 Bed
1 Bath
640 ft²
|
$85,000
-10.53%
12/17/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
1 Bed
|
-
|
480 ft²
|
$99,000
1 Bed
-
480 ft²
|
$92,500
-6.57%
12/31/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
1 Bed
|
-
|
352 ft²
|
$59,000
1 Bed
-
352 ft²
|
$58,000
-1.69%
07/27/2012
|
Duane Windemiller
Oceanside Real Estate
| |
|
06/10/2012
|
1 Bed
|
-
|
352 ft²
|
$59,000
1 Bed
-
352 ft²
|
$59,000
07/06/2012
|
Duane Windemiller
Oceanside Real Estate
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017