989 Ocean Boulevard #2
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%.
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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.
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 |
|---|---|---|---|
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Mar 6, 2017 | Listed by RE/MAX On The Move/Exeter | $320,000 | |
| Listed by RE/MAX On The Move/Exeter | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2026
|
2 Bed
|
2 Bath
|
1989 ft²
|
$585,000
2 Bed
2 Bath
1989 ft²
|
$585,000
08/28/2026
|
Christian Ehlers
Keller Williams Coastal Realty
| |
|
04/08/2026
|
2 Bed
|
2 Bath
|
1467 ft²
|
$599,000
2 Bed
2 Bath
1467 ft²
|
$589,000
-1.67%
06/05/2026
|
Rachel Sayer
Gibson Sotheby's International Realty
| |
|
09/08/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$479,900
2 Bed
2 Bath
1500 ft²
|
$530,000
+10.44%
10/10/2022
|
Lauren Stone
Carey Giampa, LLC/Rye
| |
|
05/27/2022
|
3 Bed
|
2 Bath
|
1490 ft²
|
$479,900
3 Bed
2 Bath
1490 ft²
|
$480,000
+0.02%
07/29/2022
|
Tracey Boies
Hampton
| |
|
05/05/2022
|
2 Bed
|
2 Bath
|
1521 ft²
|
$459,900
2 Bed
2 Bath
1521 ft²
|
$450,000
-2.15%
06/01/2022
|
Tracey Boies
Hampton
| |
|
11/16/2021
|
2 Bed
|
2 Bath
|
1494 ft²
|
$479,900
2 Bed
2 Bath
1494 ft²
|
$482,000
+0.44%
01/24/2022
|
Tracey Boies
BHG Masiello Hampton
| |
|
06/16/2021
|
2 Bed
|
3 Bath
|
1548 ft²
|
$435,000
2 Bed
3 Bath
1548 ft²
|
$445,000
+2.30%
08/02/2021
|
Linda Manter
Manter Realty, LLC
| |
|
04/29/2021
|
2 Bed
|
3 Bath
|
1690 ft²
|
$389,900
2 Bed
3 Bath
1690 ft²
|
$452,533
+16.06%
06/17/2021
|
Lisa Newman
RE/MAX On the Move/Hampton
| |
|
11/19/2020
|
3 Bed
|
2 Bath
|
1544 ft²
|
$349,900
3 Bed
2 Bath
1544 ft²
|
$390,000
+11.46%
01/07/2021
|
Lisa Newman
RE/MAX On the Move/Hampton
| |
|
06/24/2019
|
2 Bed
|
3 Bath
|
1467 ft²
|
$309,900
2 Bed
3 Bath
1467 ft²
|
$295,000
-4.81%
12/04/2019
|
Matt McLennan
Century 21 McLennan and Company
| |
|
05/24/2019
|
2 Bed
|
3 Bath
|
1467 ft²
|
$319,900
2 Bed
3 Bath
1467 ft²
|
$297,900
-6.88%
11/20/2019
|
Tracey Boies
Hampton
| |
|
01/19/2019
|
2 Bed
|
3 Bath
|
1467 ft²
|
$389,900
2 Bed
3 Bath
1467 ft²
|
$389,933
+0.01%
05/01/2019
|
Lisa Hubbard
| |
|
09/05/2017
|
3 Bed
|
2 Bath
|
1490 ft²
|
$299,900
3 Bed
2 Bath
1490 ft²
|
$299,900
10/20/2017
|
Tracey Boies
Hampton
| |
|
07/30/2017
| |
2 Bed
|
3 Bath
|
1674 ft²
|
-
2 Bed
3 Bath
1674 ft²
|
-
-
|
-
|
|
07/24/2017
|
2 Bed
|
3 Bath
|
1674 ft²
|
$327,500
2 Bed
3 Bath
1674 ft²
|
$324,533
-0.91%
09/29/2017
|
Amy Turner
Great Island Realty LLC
| |
|
06/12/2017
|
2 Bed
|
2 Bath
|
1495 ft²
|
$324,000
2 Bed
2 Bath
1495 ft²
|
$322,000
-0.62%
07/31/2017
|
The Forzese Group
RE/MAX On The River, Inc.
| |
|
03/06/2017
|
3 Bed
|
3 Bath
|
1458 ft²
|
$320,000
3 Bed
3 Bath
1458 ft²
|
$295,000
-7.81%
06/09/2017
|
Donna Frederick
RE/MAX On the Move/Exeter
| |
|
07/25/2016
|
2 Bed
|
3 Bath
|
1494 ft²
|
$279,900
2 Bed
3 Bath
1494 ft²
|
$265,000
-5.32%
09/12/2016
|
Tracey Boies
Hampton
| |
|
04/22/2016
|
2 Bed
|
2 Bath
|
1467 ft²
|
$279,900
2 Bed
2 Bath
1467 ft²
|
$257,800
-7.90%
07/25/2016
|
Peggy Bean
Bean Group/ Stratham
| |
|
03/01/2016
|
2 Bed
|
2 Bath
|
1494 ft²
|
$349,900
2 Bed
2 Bath
1494 ft²
|
$319,000
-8.83%
04/14/2017
|
Tracey Boies
Hampton
| |
|
07/13/2015
|
2 Bed
|
3 Bath
|
1600 ft²
|
$319,900
2 Bed
3 Bath
1600 ft²
|
$293,500
-8.25%
04/03/2017
|
Mary Corcoran
East Coast Group One Realty
| |
|
06/22/2015
|
2 Bed
|
3 Bath
|
1467 ft²
|
$299,900
2 Bed
3 Bath
1467 ft²
|
$299,900
01/28/2016
|
Paul Lepere
The Hamptons Real Estate
| |
|
08/14/2013
|
2 Bed
|
3 Bath
|
1467 ft²
|
$289,000
2 Bed
3 Bath
1467 ft²
|
$280,000
-3.11%
08/15/2014
|
Hillary Gaynor
Bean Group / Portsmouth
| |
|
04/17/2013
|
2 Bed
|
3 Bath
|
1467 ft²
|
$254,900
2 Bed
3 Bath
1467 ft²
|
$239,900
-5.88%
06/14/2013
|
Matt Ajemian
Granite Coast Realty
| |
|
12/18/2012
|
2 Bed
|
3 Bath
|
1602 ft²
|
$239,000
2 Bed
3 Bath
1602 ft²
|
$229,500
-3.97%
03/11/2013
|
Karen LeMire
RE/MAX On The Move/North Hampton
| |
|
03/21/2008
|
2 Bed
|
2 Bath
|
1467 ft²
|
$299,900
2 Bed
2 Bath
1467 ft²
|
$264,000
-11.97%
06/30/2008
|
Katherine A. Macgregor
Katherine Macgregor
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017