707 Ocean #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.
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 5, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | Listed by Carey Giampa, LLC/Rye | $799,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
| 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 | |||
| | |||
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This well-built North Beach oceanfront Townhouse is almost new, with multiple atrium-style doors and direct ocean views. The open-concept design features gleaming hardwood floors and a custom granite kitchen with gas range and stainless steel appliances. The dining room and living room with gas fireplace open to a balcony overlooking the ocean. The top floor offers two master suites, each with a custom tiled bath, and another balcony off the front bedroom. The heated drive-through garage includes a sink and motorized dumbwaiter for bringing groceries up to kitchen. There is a built-in murphy bed for guests as well. You must take a look at this fantastic property!
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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 |
|---|---|---|---|---|---|---|---|
|
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