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715 OCEAN Parkway #4E
About This Property
1) One large bedroom
2) Spacious kitchen with stainless steel appliances consisting of refrigerator, stove, dishwasher and microwave
4) Ample closet and storage space
5) Monthly maintenance of $652 includes heat and water (hot & cold)
6) Spacious and secure laundry room, mailroom, bicycle room and storage bins on the first floor
7) Garage Parking
8) Very large landscape and grounds
9) VERY MOTIVATED SELLERS
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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%.
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 12, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | In contract | - | |
| In contract | |||
| May 10, 2022 | Price Decreased |
$319,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Apr 12, 2022 | Price Increased |
$329,000
↑ $22K
(7.2%) | |
| Price Increased | |||
| Mar 4, 2022 | Listed by Daniel Gale of Brooklyn LLC | $307,000 | |
| Listed by Daniel Gale of Brooklyn LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
2 Bed
|
1 Bath
|
-
|
$487,000
2 Bed
1 Bath
|
$497,000
+2.05%
08/25/2026
|
Emily Perkins Margolin
Douglas Elliman Real Estate
| |
|
09/18/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$430,000
2 Bed
1 Bath
900 ft²
|
$409,000
-4.88%
06/09/2025
|
Oleg Polonsky
Abacus Properties
| |
|
05/15/2024
|
2 Bed
|
1 Bath
|
1050 ft²
|
$435,000
2 Bed
1 Bath
1050 ft²
|
-
-
|
Vladimir Levitan
WILK REAL ESTATE I LLC
| |
|
02/12/2024
|
2 Bed
|
1 Bath
|
945 ft²
|
$475,000
2 Bed
1 Bath
945 ft²
|
$454,000
-4.42%
09/19/2024
|
Paul Paglia
Garfield Realty
| |
|
12/11/2023
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
-
12/27/2023
|
Salomon Danielov
Corcoran Group
| |
|
12/20/2022
|
2 Bed
|
1 Bath
|
1030 ft²
|
$459,000
2 Bed
1 Bath
1030 ft²
|
$425,000
-7.41%
10/12/2023
|
Glenna Werner
Talk of the Town Realty Corp.
| |
|
03/27/2022
|
3 Bed
|
2 Bath
|
-
|
$750,000
3 Bed
2 Bath
|
$728,000
-2.93%
09/22/2022
|
DeAnna C Lenhart
Douglas Elliman Real Estate
| |
|
03/04/2022
|
1 Bed
|
1 Bath
|
-
|
$339,000
1 Bed
1 Bath
|
$307,000
-9.44%
10/12/2022
|
Saeedm Askarinam
Daniel Gale Sotheby's International Realty
| |
|
11/04/2021
|
1 Bed
|
1 Bath
|
-
|
$332,000
1 Bed
1 Bath
|
$332,000
03/04/2022
|
Saeedm Askarinam
Daniel Gale Sotheby's International Realty
| |
|
01/26/2021
|
Loft
|
1 Bath
|
7500 ft²
|
$349,000
Loft
1 Bath
7500 ft²
|
-
-
|
Irina Basevich
WILK REAL ESTATE I LLC
| |
|
03/03/2021
|
2 Bed
|
1 Bath
|
1080 ft²
|
$519,000
2 Bed
1 Bath
1080 ft²
|
-
-
|
Olena Bukhanov
Golden Real Corp.
| |
|
03/20/2021
|
Studio
|
1 Bath
|
-
|
$215,000
Studio
1 Bath
|
$208,152
-3.19%
08/24/2021
|
Mary LaRosa Lederer
BROOKLYN REAL INC
| |
|
03/19/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$349,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
02/12/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$329,000
1 Bed
1 Bath
800 ft²
|
$321,000
-2.43%
07/07/2021
|
Cintra Batchoo
Abacus Properties
| |
|
02/10/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$385,000
1 Bed
1 Bath
800 ft²
|
$385,000
07/06/2021
|
Samuel Linwood Kiernan
Bohemia Realty Group LLC
| |
|
02/07/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$375,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
06/18/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$445,000
2 Bed
1 Bath
900 ft²
|
$445,000
01/21/2021
|
Jeff Surowka
Abacus Properties
| |
|
06/04/2020
|
1 Bed
|
1 Bath
|
825 ft²
|
$298,000
1 Bed
1 Bath
825 ft²
|
-
-
|
Igor Libo
ILITE REALTY INC
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
1100 ft²
|
$429,000
2 Bed
1 Bath
1100 ft²
|
$365,000
-14.92%
10/27/2020
|
Oleg Salykine
| |
|
10/24/2017
|
1 Bed
|
1 Bath
|
800 ft²
|
$320,000
1 Bed
1 Bath
800 ft²
|
$320,000
05/16/2018
|
DEANNA C LENHART
Elliman
| |
|
09/20/2017
|
2 Bed
|
1 Bath
|
-
|
$437,500
2 Bed
1 Bath
|
$437,500
01/17/2018
|
Michael Simmon-Pappadakos
Garfield Realty
| |
|
01/30/2017
|
Studio
|
1 Bath
|
-
|
$169,000
Studio
1 Bath
|
$177,000
+4.73%
12/07/2017
|
Paul Pinizzotto
Compass
| |
|
10/10/2016
|
4 Bed
|
3 Bath
|
2000 ft²
|
$1,075,000
4 Bed
3 Bath
2000 ft²
|
$999,000
-7.07%
11/16/2017
|
Semen Ifraimov
Douglas Elliman Real Estate
| |
|
02/18/2014
|
Studio
|
1 Bath
|
459 ft²
|
$115,000
Studio
1 Bath
459 ft²
|
$115,000
07/22/2014
|
Dan P Brady
The Corcoran Group
| |
|
10/16/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$225,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Renata E. Thomas
Prudential Douglas Elliman Real Estate
| |
|
07/14/2013
|
1 Bed
|
1 Bath
|
690 ft²
|
$185,000
1 Bed
1 Bath
690 ft²
|
-
-
|
Oleg Polonsky
Abacus Properties
| |
|
05/07/2013
|
2 Bed
|
1 Bath
|
-
|
$299,000
2 Bed
1 Bath
|
$299,000
11/07/2013
|
Ellen Yzabelle Lanks
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017