739 Ocean Boulevard #0
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Cameron Prestige - Amesbury | $775,000 | |
| Listed by Cameron Prestige - Amesbury | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2024
| |
Loft
|
2 Bath
|
1200 ft²
|
$795,000
Loft
2 Bath
1200 ft²
|
$775,000
-2.52%
07/26/2024
|
Tami Mallett
Keller Williams Coastal Realty
|
|
06/05/2024
| |
3 Bed
|
2 Bath
|
1200 ft²
|
$795,000
3 Bed
2 Bath
1200 ft²
|
$775,000
-2.52%
07/26/2024
|
Tami Mallett
Keller Williams Coastal Realty
|
|
11/23/2020
|
Loft
|
2 Bath
|
1200 ft²
|
$639,000
Loft
2 Bath
1200 ft²
|
$650,000
+1.72%
01/27/2021
|
Lynne Farrington
RE/MAX Insight
| |
|
11/22/2020
| |
3 Bed
|
2 Bath
|
1200 ft²
|
$639,000
3 Bed
2 Bath
1200 ft²
|
$650,000
+1.72%
01/27/2021
|
Lynne Farrington
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017