935 Ocean Shore Boulevard #3040
About This Property
The manager has listed the unit size as 924 square feet.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$269,000
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Feb 4, 2026 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jan 10, 2026 | Listed | $299,000 | |
| Listed | |||
| |||
|
Stunning Oceanfront one-bedroom condo fully renovated! Discover this beautifully renovated one-bedroom, one bathroom oceanfront condominium on the third floor, offering breathtaking views and immediate access to the beach - no roads to cross, just steps from the sand. the condo features a brand-new bathroom and modern finishes throughout, making a move-in or rent out gem. Perfect for investors, the property allows short-term rentals with a minimum stay of one week (rare to find) and financially strong HOA, providing excellent rental potential. Enjoy resort-style amenities including a heated swimming pool, laundry on site located on the common area and assigned parking. Experience the ultimate in coastal living with the convenience of being just a short stroll from the ocean and beach, while enjoying a serene private retreat with spectacular views. This is a rare opportunity you won't want to miss.
| |||
| Apr 29, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2024
|
1 Bed
|
1 Bath
|
924 ft²
|
$289,900
1 Bed
1 Bath
924 ft²
|
-
-
|
Dawn Wilson
WATSON REALTY CORP
| |
|
04/17/2024
|
2 Bed
|
2 Bath
|
1020 ft²
|
$649,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
Roger Maynard
Realty Pros Assured
| |
|
05/10/2023
|
2 Bed
|
2 Bath
|
1020 ft²
|
$695,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
Frances Sanders
Adams, Cameron & Co., Realtors
| |
|
10/22/2022
|
1 Bed
|
1 Bath
|
924 ft²
|
$300,000
1 Bed
1 Bath
924 ft²
|
$300,000
12/21/2022
|
Mike Gagliardi
RE/MAX Signature
| |
|
07/22/2022
|
1 Bed
|
1 Bath
|
924 ft²
|
$322,000
1 Bed
1 Bath
924 ft²
|
-
-
|
Mel Moon
Watson Realty Corp
| |
|
06/29/2022
|
1 Bed
|
1 Bath
|
780 ft²
|
$289,500
1 Bed
1 Bath
780 ft²
|
-
-
|
Frances Sanders
Adams, Cameron & Co., Realtors
| |
|
05/05/2022
|
3 Bed
|
3 Bath
|
1670 ft²
|
$1,100,000
3 Bed
3 Bath
1670 ft²
|
-
-
|
Frances Sanders
Adams, Cameron & Co., Realtors
| |
|
03/14/2022
|
3 Bed
|
3 Bath
|
1670 ft²
|
$1,199,000
3 Bed
3 Bath
1670 ft²
|
-
-
|
Janis English
English Estates & Realty, LLC
| |
|
05/05/2021
|
1 Bed
|
1 Bath
|
924 ft²
|
$269,000
1 Bed
1 Bath
924 ft²
|
-
-
|
-
| |
|
03/12/2021
|
2 Bed
|
2 Bath
|
1020 ft²
|
$320,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
-
| |
|
01/09/2021
|
1 Bed
|
1 Bath
|
924 ft²
|
$269,900
1 Bed
1 Bath
924 ft²
|
$247,500
-8.30%
04/23/2021
|
Amy Kolis
| |
|
06/19/2020
|
1 Bed
|
1 Bath
|
924 ft²
|
$185,000
1 Bed
1 Bath
924 ft²
|
$185,500
+0.27%
09/29/2020
|
Barry Sizemore
| |
|
04/06/2019
|
1 Bed
|
1 Bath
|
924 ft²
|
$225,000
1 Bed
1 Bath
924 ft²
|
-
-
|
-
| |
|
09/27/2018
|
1 Bed
|
1 Bath
|
924 ft²
|
-
1 Bed
1 Bath
924 ft²
|
-
-
|
-
| |
|
06/11/2018
|
1 Bed
|
1 Bath
|
924 ft²
|
-
1 Bed
1 Bath
924 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
924 ft²
|
-
1 Bed
1 Bath
924 ft²
|
-
-
|
-
|
Building Info
- 3 Units for Sale
About Ormond Condominiums Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,999 /mo
- 4 Beds
- 4 Baths
- 2,322 ft²
$2,800 /mo
- 2 Beds
- 2 Baths
- 1,020 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017