802 Ocean Meadows #802
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 29, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Divine Real Estate, Inc. | $340,000 | |
| Listed by Divine Real Estate, Inc. | |||
| | |||
|
Move-in ready 2-bedroom condo in the coveted Ocean Meadows Complex. Enjoy a spacious living room with an updated eat-in kitchen featuring newer LG stainless steel appliances and elegant granite countertops. The first floor also includes a half bath and kitchen sliders that open to a private deck for outdoor relaxation. The staircase leads to two larger bedrooms and a full bath on the second floor. This condo comes with ample storage space with plenty of closets on both levels and a finished basement, offering potential for additional living space. In-unit washer and dryer with a newer central A/C system! Ideally located near shopping, restaurants, recreational activities, and with easy highway access. Move in and bask in the natural light of this delightful condo! Schedule your showing today!
| |||
| Jul 1, 2010 | Listed | $229,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2024
|
2 Bed
|
2 Bath
|
977 ft²
|
$340,000
2 Bed
2 Bath
977 ft²
|
$335,000
-1.47%
07/26/2024
|
Zachary Midwood
Divine Real Estate, Inc.
| |
|
07/01/2010
|
2 Bed
|
1 Bath
|
1442 ft²
|
$229,000
2 Bed
1 Bath
1442 ft²
|
-
-
|
Tony Soares
Coldwell Banker Realty - Easton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017