707 Ocean Blvd. #2
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%.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | Listed by Carey Giampa, LLC/Rye | $799,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
| | |||
|
Experience breathtaking panoramic views of the Atlantic Ocean from this terrific 2-bedroom, 3-bath townhouse, located directly opposite sandy North Beach. This low-maintenance home boasts an open-concept main living area with water views, a kitchen featuring granite countertops, a gas range, stainless steel appliances, and ample cabinetry. Enjoy the light-filled dining area and living room with a gas fireplace and triple atrium-style glass doors overlooking the beach. Utilize the added bonus of a handy Murphy bed in the living room for guests. Step out onto the 15'9"x6'9" covered balcony facing the water. Gleaming hardwood floors flow throughout the main level, which also includes a convenient half bath and laundry. The top floor offers 2 bedroom suites, both with private baths, tiled flooring, vanities, and granite countertops. The primary suite faces the ocean and provides its own private 10'0"x 6'9" oceanfront deck, perfect for capturing morning sunrises. A motorized dumbwaiter makes bringing groceries to the kitchen a breeze. Enjoy the terrific 2-car heated drive-through garage where you can drive into the garage from Ocean Boulevard and Kings Highway. This design is great for easy access into the garage. Move right in and cherish living at the beach! Showings start at the open houses Saturday, November 1st from 11 am to 1 pm and Sunday, November 2nd 11 am to 1 pm.
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| Nov 12, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| Apr 6, 2015 | Listed by Bean Group / Portsmouth | $515,000 | |
| Listed by Bean Group / Portsmouth | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/30/2025
|
2 Bed
|
1 Bath
|
1524 ft²
|
$799,900
2 Bed
1 Bath
1524 ft²
|
$799,900
12/05/2025
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
06/18/2021
|
2 Bed
|
2 Bath
|
1524 ft²
|
$725,000
2 Bed
2 Bath
1524 ft²
|
$725,000
11/12/2021
|
Florence Ruffner
Ruffner Real Estate, LLC
| |
|
01/09/2018
|
2 Bed
|
2 Bath
|
1542 ft²
|
$539,500
2 Bed
2 Bath
1542 ft²
|
$539,000
-0.09%
03/30/2018
|
Marci Francis
Keller Williams Coastal Realty
| |
|
04/06/2015
|
2 Bed
|
2 Bath
|
1524 ft²
|
$515,000
2 Bed
2 Bath
1524 ft²
|
$497,000
-3.50%
09/11/2015
|
Donna Desrosiers
Bean Group / Portsmouth
| |
|
05/24/2013
|
2 Bed
|
2 Bath
|
1366 ft²
|
$489,000
2 Bed
2 Bath
1366 ft²
|
$473,000
-3.27%
10/30/2013
|
MaryJane Watterson
Carey & Giampa, LLC/Hampton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017