951 Ocean Boulevard #3
About This Property
The manager has listed the unit size as 1676 square feet.
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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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed | $649,900 | |
| Listed | |||
| | |||
|
Amazing direct ocean views from this lovely three bedroom condo in Saint Magnus! Literally walk across the street to North Beach with it's pristine beaches. Wake up to beautiful sunrises from all levels. The main level offers updated kitchen with breakfast nook. Spacious dining/living room area with ocean views and deck. The first floor has two large bedrooms with full bath and private patio area with ocean views and access to the heated pool. Upper level has the main bedroom with ocean views and remodeled main bath with walk in shower. Also, newer hot water heater, windows and sliding doors. Pet friendly and deeded parking spaces. Walk across the street to Stimson park. Year round living at it's best!
| |||
| Jul 25, 2021 | No longer available | - | |
| No longer available | |||
| Jul 9, 2021 | Price Decreased |
$649,900
↓ $88K
(11.9%) | |
| Price Decreased | |||
| Jun 22, 2021 | Listed | $737,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2025
|
3 Bed
|
1 Bath
|
1676 ft²
|
$899,900
3 Bed
1 Bath
1676 ft²
|
$799,900
-11.11%
12/30/2025
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
09/08/2022
|
3 Bed
|
2 Bath
|
1676 ft²
|
$749,000
3 Bed
2 Bath
1676 ft²
|
$715,000
-4.54%
10/12/2022
|
Nick Ponte
Carey Giampa, LLC/Rye
| |
|
06/21/2022
|
3 Bed
|
2 Bath
|
1866 ft²
|
$649,900
3 Bed
2 Bath
1866 ft²
|
$650,000
+0.02%
07/29/2022
|
Jim Giampa
Carey Giampa, LLC/Rye
| |
|
04/21/2022
|
3 Bed
|
2 Bath
|
1676 ft²
|
$649,900
3 Bed
2 Bath
1676 ft²
|
$672,500
+3.48%
05/26/2022
|
Robert Gilman
Gilman Real Estate
| |
|
06/22/2021
|
3 Bed
|
3 Bath
|
1676 ft²
|
$737,500
3 Bed
3 Bath
1676 ft²
|
-
-
|
Lynne Bartlett Merrill
The Merrill Bartlett Group
| |
|
04/21/2016
|
3 Bed
|
2 Bath
|
1676 ft²
|
$395,000
3 Bed
2 Bath
1676 ft²
|
$381,000
-3.54%
06/29/2016
|
Jacqui Coons
Carey & Giampa, LLC/Hampton
| |
|
04/20/2013
|
3 Bed
|
2 Bath
|
1676 ft²
|
$375,000
3 Bed
2 Bath
1676 ft²
|
$360,000
-4.00%
06/21/2013
|
John Pickering
Carey & Giampa, LLC/Hampton
| |
|
03/30/2012
|
3 Bed
|
2 Bath
|
1574 ft²
|
$349,900
3 Bed
2 Bath
1574 ft²
|
$349,900
05/18/2012
|
Lauren Stone
Carey Giampa, LLC/Rye
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017