784 Ocean Boulevard #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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Carey Giampa, LLC/Rye | $650,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
| | |||
|
Bold ocean views from this sweet place by the sea! Welcome to the Breakers, a one of a kind, stunning coastal location in Rye. Just steps to the ocean or built-in pool, this fantastic unit features a light and bright open concept living room/kitchen, cathedral ceiling and skylights. There is one bedroom and a bath on the main floor and an upstairs loft offers two additional sleeping areas. Enjoy unobstructed views of the Isles of Shoals from your picture window or beautiful new deck. This condo is year-round with super low condo fees and is the perfect oceanside getaway with great rental potential!
| |||
| Oct 9, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by Carey Giampa, LLC/Rye | $424,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2024
|
1 Bed
|
-
|
528 ft²
|
$719,000
1 Bed
-
528 ft²
|
$751,000
+4.45%
07/30/2024
|
Rosalie Andrews
Bean Group / Portsmouth
| |
|
05/06/2024
|
1 Bed
|
1 Bath
|
528 ft²
|
$450,000
1 Bed
1 Bath
528 ft²
|
$449,000
-0.22%
07/03/2024
|
T.J. Potter
Keller Williams Realty-Metropolitan
| |
|
07/15/2021
|
1 Bed
|
1 Bath
|
528 ft²
|
$650,000
1 Bed
1 Bath
528 ft²
|
$625,000
-3.85%
09/03/2021
|
Lisa Parsons
Carey & Giampa, LLC
| |
|
03/16/2020
|
1 Bed
|
1 Bath
|
528 ft²
|
$339,900
1 Bed
1 Bath
528 ft²
|
$318,000
-6.44%
07/02/2020
|
T.J. Potter
Keller Williams Realty-Metropolitan
| |
|
09/10/2019
|
1 Bed
|
1 Bath
|
528 ft²
|
$369,000
1 Bed
1 Bath
528 ft²
|
$347,500
-5.83%
07/08/2020
|
Rosalie Andrews
Bean Group / Portsmouth
| |
|
08/30/2019
|
1 Bed
|
1 Bath
|
528 ft²
|
$339,000
1 Bed
1 Bath
528 ft²
|
-
-
|
-
| |
|
08/29/2018
|
1 Bed
|
1 Bath
|
528 ft²
|
$424,000
1 Bed
1 Bath
528 ft²
|
$412,000
-2.83%
10/09/2018
|
Lisa Parsons
Carey & Giampa, LLC
| |
|
05/03/2018
|
1 Bed
|
1 Bath
|
528 ft²
|
$299,900
1 Bed
1 Bath
528 ft²
|
$299,000
-0.30%
08/30/2018
|
T.J. Potter
Keller Williams Realty-Metropolitan
| |
|
09/02/2017
| |
1 Bed
|
1 Bath
|
528 ft²
|
-
1 Bed
1 Bath
528 ft²
|
-
-
|
-
|
|
06/04/2010
|
1 Bed
|
1 Bath
|
528 ft²
|
$259,000
1 Bed
1 Bath
528 ft²
|
-
-
|
Faye Namazi
FARS Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017