9 Oceanside Drive #9
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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 7, 2015 | Sold | ||
| Sold | |||
| Jun 18, 2015 | Listed by Seawatch Real Estate | $423,500 | |
| Listed by Seawatch Real Estate | |||
| | |||
|
PRICE REDUCTION: OCEAN FRONT 3 level townhouse. Wake up every morning to the most spectacular ocean views you could imagine. This 3 level townhouse is breathtaking. SEA SIDE TOWNHOUSE CONDO- Deck/balcony with ocean views. Within walking-distance to nearby beach.. 2 Bedrooms , 3.5 Baths, lots of living-space, hardwood flooring and tile throughout. MUST-SEE!
| |||
| Dec 10, 2004 | Sold | ||
| Sold | |||
| Nov 18, 2004 | Listed by Hingham Real Estate Co. | $649,000 | |
| Listed by Hingham Real Estate Co. | |||
| | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2015
|
2 Bed
|
4 Bath
|
1941 ft²
|
$423,500
2 Bed
4 Bath
1941 ft²
|
$412,000
-2.72%
10/07/2015
|
Mary Motyka
Seawatch Real Estate
| |
|
11/18/2004
|
3 Bed
|
4 Bath
|
1941 ft²
|
$649,000
3 Bed
4 Bath
1941 ft²
|
$615,000
-5.24%
12/10/2004
|
Rita Struzziery
Hingham Real Estate Co.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017