799 Ocean Boulevard
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 |
|---|---|---|---|
| Apr 23, 2025 | Listed | $1,650,000 | |
| Listed | |||
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Oceanfront luxury meets income potential at this rare North Beach retreat. This beautifully appointed beachfront compound offers a main home with breathtaking panoramic views from every room, plus a separate 2-bedroom unit—ideal for guests or as an income-producing investment. The chef’s kitchen is a showstopper, featuring custom cabinetry, quartz countertops, brushed gold hardware, high-end stainless appliances, and an oversized island perfect for entertaining. Enjoy natural light, hardwood floors, and unobstructed ocean vistas from the first-floor great room and private balcony off the primary suite. Outdoor living shines with a large back deck, second-floor balcony, and patio—perfect for grilling while listening to the waves. The mudroom and basement provide ample room to store all of your sporting goods and beach toys. Steps from the sand, surf, and seaside boardwalk, this property offers the ultimate beach lifestyle. Main home is rented through mid-August; all rentals must be honored.
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| Jun 21, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | Listed by Bean Group / Portsmouth | $1,350,000 | |
| Listed by Bean Group / Portsmouth | |||
| Aug 2, 2020 | No longer available | - | |
| No longer available | |||
| Jul 11, 2020 | Relisted | $1,195,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017