951 Ocean Boulevard #7
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | Listed by Carey Giampa, LLC/Rye | $899,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
| | |||
|
Oceanfront Townhome at St. Magnus offers Coastal Living at its best. Welcome to this rare gem in this highly sought after community on the North end of North Beach. With sweeping views of the Atlantic, this three-bedroom, three bath townhouse blends sun-drenched living with seaside tranquility. Key features include three total bedrooms including a top-floor primary suite offering sunrise views over the water. This townhome has been updated throughout with all the amenities you expect in 2025! The entry level features two generously sized bedrooms, a full bath, laundry area and a private fenced pool side patio — perfect for quiet morning coffee or afternoon grilling. The main level boasts an open concept dining/living area, anchored by a dramatic wall of glass that leads to a sun-filled deck facing the ocean, ideal for entertaining or simply unwinding. Additionally, on the main level, the beautifully updated kitchen with stainless steel appliances, quartz countertops and gleaming hardwood flooring-the heart of the home for hosting friends or relaxing with family. Impeccably maintained and totally updated with quality finishes in a premier coastal location. Residents enjoy access to a heated salt-water pool, scenic lawn space with benches, direct beach access, and an association that manages landscaping, snow removal and more — leaving you free to enjoy the lifestyle.
| |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Carey Giampa, LLC/Rye | $649,900 | |
| Listed by Carey Giampa, LLC/Rye | |||
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