63 Oceanside Drive #63
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 |
|---|---|---|---|
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| May 15, 2026 | Listed by RE/MAX Realty Pros | $970,000 | |
| Listed by RE/MAX Realty Pros | |||
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Perched directly over the open Atlantic, this exceptional penthouse offers a rare, uninterupted horizon experience--where sky, sea, and light define every room. Walls of glass frame panoramic water views from Marblehead to Provincetown, while a sculptural, curved kitchen anchors the living space as both centerpiece and vantage point. Two private terraces and a rooftop deck elevate the experience further, creating a true private observatory over the ocean--an offering seldom found anywhere along the South Shore. Oculus at Ocean's Edge is a rare direct-oceanfront penthouse positioned above the Atlantic, with walls of glass, bluestone terraces, and panoramic sunrise views from Hull to the North Shore and Boston shipping channels. At approximately 1723 s.f., this two bedroom, two-bath residence offers the feel of a private coastal retreat with the convenience of condominium living and ferry access to Boston.
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| Oct 7, 2025 | No longer available | - | |
| No longer available | |||
| Mar 25, 2025 | Listed by RE/MAX Realty Pros | $1,150,000 | |
| Listed by RE/MAX Realty Pros | |||
| May 31, 2017 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2025
|
2 Bed
|
2 Bath
|
1723 ft²
|
$1,150,000
2 Bed
2 Bath
1723 ft²
|
-
-
|
Judy Hemingway
RE/MAX Realty Pros
| |
|
01/18/2017
|
2 Bed
|
2 Bath
|
1723 ft²
|
$795,000
2 Bed
2 Bath
1723 ft²
|
$740,000
-6.92%
05/31/2017
|
Bill Good
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017